In the U.S., the transport sector accounts for the largest proportion of carbon emissions (29%), which many experts believe is accelerating climate change. As we continue to make progress in decarbonizing the electricity supply, transportation is the next big sustainability challenge. Organizations can make a huge contribution to reducing the threat of climate change by transitioning to electric fleet vehicles, providing at-work charging for employees or turning parking lots into EV-friendly spaces.
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However, the range of benefits for business is larger than only having a positive impact on the environment. Here we review five of the most important reasons why organizations should be considering, and implementing, electric vehicles.
Transitioning to EVs can help businesses reduce the total cost of ownership of fleets, transportation networks and public transport fleets. By reducing fuel costs and taking advantage of government incentives and tax benefits, organizations can see significant savings. This is particularly true when taking advantage of low-cost distributed energy solutions. With a 13.4% drop in the price of EVs in the last 12 months, many fleet vehicles already have a load and utilization profile that makes EVs an increasingly viable and cost-efficient option.
Maintenance costs are reduced as EVs are inherently more reliable than internal combustion engine (ICE) vehicles due to fewer mechanical parts prone to failure and often provide better data to enable more proactive maintenance. In addition, implementing &#;at work&#; charging, where charging happens while employees are at work, can improve productivity and fleet drivers always start the day fully-charged - enhancing savings across your whole organization.
In order to become a more sustainable organization, reducing your carbon footprint is essential. Into the next decade, meeting environmental regulations or self-imposed goals while acting on the demands of customers and employees will mean going beyond the important, but &#;low hanging fruit&#; carbon reduction measures, such as thermostat controls and LED lightbulbs.
Offering EV charging infrastructure and transitioning fleets to EVs provide businesses and public bodies with a credible role in reducing global greenhouse gas emissions and inspiring wider EV adoption across society. And this role is increasingly being recognized as important for organizations to engage with. Our Distributed Energy Future Trends report highlighted that &#;Being socially and environmentally responsible&#; is now ranked #3 in terms of business&#; main priorities for the next 3 years, up from #6 in .
The demand for electric vehicles (EVs) is rapidly increasing in Ireland. We believe it is worth considering installing EV charging stations on your business premises, due to the tangible economic benefits. By doing so, this will allow you to cater to the growing market and position your business as environmentally conscious.
In this article, we will explore five reasons why businesses in Ireland should embrace the shift and invest in a greener future.
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By installing EV charging stations on your premises, you can generate additional revenue. For example, EV owners are more likely to spend time and money at establishments that provide EV charging facilities. Whether it is dining in your restaurant, shopping in your store, or using your services while their car is charging. This will bring more customers to your premises, which will lead to more sales and increased revenue.
The Irish government is actively supporting the transition to EVs through various incentives, grants, and schemes. If you are considering installing an EV charging station on your business premises, you may be eligible for a grant which can go towards the initial investment and installation costs of the charging stations. Find out more about the grants available from SEAI here.
By investing in EV charging stations, you are opening the door to potential sponsorships and partnerships. Energy companies, charging network providers, and other stakeholders in the EV industry in Ireland may be interested in collaborating with your business since you support the growth of electric mobility. These partnerships can lead to financial incentives, branding opportunities, and mutually beneficial marketing campaigns.
By being an early adopter of EV infrastructure, you will give your business that competitive edge. You have the opportunity to position your business as an attractive option for electric vehicle owners, partners and sponsors. Distinguishing yourself from competitors can help to capture a new customer base. By not having the option for EV users to charge their cars on your premises you may lose customers to nearby competitors that do.
Adopting sustainable practices, such as installing EV charging stations, enhances your brand image and perception. Today&#;s consumers are increasingly prioritising environmentally conscious businesses. By demonstrating your commitment to clean transportation options, you are positioning your business as an environmentally responsible organisation.
Having EV charging stations are also beneficial to your employees as many employees may already own or are considering making the switch. This would be considered an excellent perk as it allows them to charge their cars during working hours, plus it also highlights your commitment to employee well-being.
As you can see, there are numerous economic benefits to installing EV charging stations on your business premises such as increasing revenue, attracting new customers and employees, and boosting brand perception.
If you are considering making the switch by offering your customers EV charging solutions, we would love to hear from you. The team here at e-Station are experts in the installation of state-of-the-art EV charging points. Fill out our contact form or give us a call on 911 750 to get started.
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