Can EV Charging Help Increase Revenue for My Hotel?

by | Apr 2, 2024 | 0 comments |

The rapid rise in popularity of electric vehicles (EVs) is reshaping various industries, including hospitality. As more patrons opt for electric transportation, hotels have a unique opportunity to capitalize on this trend by offering EV charging as a sought-after amenity. Let’s explore how integrating EV charging stations into your hotel can not only enhance guest experience but also drive revenue.

The EV Rental Market Boom

With the EV rental market projected to increase significantly by 2027, hotels are presented with a growing clientele of EV-driving tourists. As travelers seek accommodations that cater to their electric vehicles, offering EV charging can become a competitive advantage for your hotel.

Maximizing Revenue Opportunities

EV charging presents various revenue-generating opportunities for hotels:

  1. Direct Charging Fees: Hotels can charge patrons directly for EV charging, either through an app associated with the charger or by incorporating charging fees into the room rate.
  2. Amenity Offering: Providing EV charging as an amenity can attract guests and increase patronage. Hotels may offer free charging for a limited time, followed by a fee per kilowatt or minute.
  3. Employee Benefits: Hotels can extend EV charging benefits to employees, either as a paid service or as an employee perk.

Attracting Customers with Networked Chargers

Networked EV chargers increase visibility by appearing on EV charging applications, attracting EV drivers to your hotel. A successful case study is the Columbus, Ohio, destination Easton, which saw increased patronage and reduced emissions after installing EV charging stations.

Apogee Charging Solutions offers several lines of networked EV chargers that can be customized to fit your hotel’s needs. We also offer one of the most advanced EV charging operating systems on the market today. You can learn more here.

Enhancing Brand Reputation

As EV charging becomes an expected amenity, maintaining quality and consistency in the charging experience is vital for guest satisfaction and brand loyalty. Hotels can integrate EV charging into daily operations, offering services like valet charging and incorporating charging reservations into their branded apps.

Exploring Financial Incentives

Hotels can tap into various financial incentive programs to offset EV charger installation costs:

  1. Federal Tax Credits: Businesses in eligible census tracts can receive substantial funding through tax credits provided by the Inflation Reduction Act of 2022.
  2. NEVI Funds: Each state has access to federal funds allocated for a national EV charger network under the National Electric Vehicle Infrastructure (NEVI) program. Future Energy assists hotels in determining eligibility and navigating the application process.

Hospitality EV Charging Solutions

EV charging stations offer hotels a lucrative opportunity to enhance guest experience, attract customers, and drive revenue. By partnering with industry experts like Apogee Charging Solutions, hotels can strategically integrate EV charging into their operations, positioning themselves as leaders in sustainability and innovation while reaping financial rewards. Call 484-816-2076, email [email protected], or schedule a call to consult with our EV charging experts.


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