How Hotels Can Increase Earnings with EV Charging Stations

If you have a hotel and you have noticed that the number of electric vehicles (“EVs”) rolling in is surging daily, it would be a good boost to your business if you install EV charging stations. Once you decide to have these charging stations installed, you will also need to consider how you will manage your electric vehicle charging stations.

You can set up a billing protocol based on kilowatts per hour that goes into charging an EV of a hotel guest. Since you are also paying for the power that your charging station uses, you should also exploit the same protocol from the EV drivers by setting a fee that covers that overhead. Set your prices that will be both convenient for the EV driver and your site. From these, you will directly recover your usage cost, hence boosting your earnings.

Electric vehicle chargers will always provide you with the best value, especially when in use. If someone camps at your charging station when their car is charged, it will cost you more in operational costs. So, it would help if you charged them based on how many hours an EV spends parked at a charging station. If you set a billing system based on the time spent while charging, you will prevent over-usage from hotel patrons as it will mean paying more, which they won’t prefer. This will make them leave the charging spot once their cars are full.

Having a flat charging rate is the easiest method you can use to collect funds from your charging station. With this simplified pay system, you can even collect the funds by yourself with a lot of ease. You can also develop strategies such as fees to use the smart card or the entry fees. Using this, you will earn extra cash as you keep your charging station networks prepared all the time.

You can offer your customers some incentives to inform you of free charging. Since you may look to attract more EV drivers to your charging station, once in a while provide well-structured free charging services to your customers. By doing this, you will attract more EV drivers to your station since everyone is in love with free things. The strategy will help you earn extra cash as well as those drivers will pay for the other services you offer at the hotel.

You can also choose to have a billing structure that features time spent while charging and the energy used. By this, you will stop the drivers that may camp at the station once their cars are charged. When you employ these, you will reap significantly from your charging station.

It would be eye-opening to know which of these models is most favored by the big players, such as Nikola Corporation (NASDAQ: NKLA), in the electric vehicle industry.

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