Why provide EV charging stations?
With more than 80% of electric vehicle owners charging at home, EV charging stations present a new opportunity for electric cooperatives to serve the growing needs of their consumer members while expanding revenue. With smart incentives for the customer, such as off-peak charging and time-of-use rates, cooperatives can improve the utilization of the grid and grow the load using existing infrastructure.
As the number of electrical vehicles on the road increases with each year, so does the need for public charging. Installing EV charging stations in the town benefits more than just its residents, employees and visitors who need a charge. The addition drives tourism and stimulates the local economy. With charging stations, municipalities demonstrate their ongoing commitment to both the community and the environment.