CONDO ARCHIVES

Electric Vehicle Charging for Older Buildings

August 2022

Electric vehicle charging stations are available to those who reside in high-rise communities.

One 30+ year old building upgrading their infrastructure to support electric vehicle charging has decided to share the cost among those interested.  The initial cost is nearly $50,000 to facilitate up to 16 charging stations.  Interested owners would be required to pay in excess of $3,100 each to cover infrastructure costs.  Installing a personal charging station is additional and estimated at $2,000 each.

Monthly charging and monitoring fees are paid for each charging station.