If you are an Airbnb host, then you know that there are a lot of things to think about when it comes to getting your property ready for guests. But did you know that installing EV charging at your Airbnb can be a great way to set yourself apart from the competition and attract more guests? In this blog post, we will discuss the advantages of installing an EV charging station at your Airbnb and provide some tips on how to get started.
Electric vehicles are becoming more popular because of their environmental sustainability, their cost-effectiveness, and overall benefits to the environment. In light of the increasing number of EV drivers, one of the many companies which have had a direct effect on the growing demand for electric vehicles is Airbnb. If you own a property, installing EV charging at your Airbnb could assist in boosting the rental rate and increase your earnings.
Advantages of Installing EV Charging at Your Airbnb
With a rising need for Airbnbs that have EV charging capabilities, installing EV charging at your Airbnb could provide many advantages. They include:
- Increased attraction to potential guests
Installing EV charging at your Airbnb can bring in more guests, specifically those with electric vehicles. A domestic EV charger in your location can be a great benefit for EV drivers and prevent stopping at a public charging point when traveling. A lot of EV drivers are willing to pay a little extra to get this facility, thereby increasing the profit you earn.
- Stand out from other hosts
Despite the increasing popularity of Airbnbs equipped with electric chargers, they’re not a common accommodation feature for holiday guests. By installing EV charging at your Airbnb property, you will distinguish yourself from other hosts and present guests with more reasons to pick your property.
- Increased profits
If you can attract many more visitors to your Airbnb by using an EV charger, you could make a significant increase in revenue. In addition, studies have shown that the installation of EV charging on Airbnb could provide a reason for hosts to raise the price per night. So an Airbnb EV charger may prove to be an ideal advantage in your listings.
- Improve your listing’s green credentials
Electric cars are more sustainable compared to diesel and petrol cars because of their lower carbon emissions. Installing EV charging at your Airbnb property will show guests that you are committed to sustainable measures and are seeking to improve the environmental condition. It could be a unique feature to attract environmentally conscious travelers.
- Revenue growth by Electric Vehicle Charging
When it comes time to pay for the electricity used by your Airbnb charging station, you typically have two choices. You can pay for the electricity yourself and promote the EV charging service as free to draw more visitors to your page, then increase the cost of your listing. On the other hand, you can allow guests to pay through the charger. If you decide to go with the latter, you’ll need to set up an electric charging station that can take payment.
Cost of Installing EV Charging points to your property
Like everything else, the cost of installing EV charging points on your property can vary greatly. Certain models are affordable, while others cost hundreds or thousands of euros.
If you’re trying to decide the best way to spend your money, it’s crucial to consider your requirements for the items you’d love to be able to get and whether you’ll need a super-powerful charger. It’s best to get the most value for money by choosing a charger with all your desired features without spending a fortune.
The cost of installing EV charging points to your property is determined by the type of charging station. There are three kinds of charging stations: level I, level II, and level III. The Level I stations provide the most basic and affordable alternative, while Level III charging stations are the most costly yet provide the most rapid charge.
EV Charging Point Grants
The Irish government offers grants to support the installation of electric vehicle (EV) charging points. The scheme is open to both private individuals and businesses, and the amount of the grant depends on the type of charger being installed.
Electric Vehicle Public Charger Point Grant
The Accelerated Capital Allowance (ACA) is a tax incentive program that encourages the purchase of energy-efficient equipment and products. The ACA is built on the traditional Wear and Tear Allowance to invest in machinery and capital plant which allows capital depreciation to be compensated with the reduction of an organization’s tax liabilities.
The ACA scheme permits the sole trader, farmer, or business who pays corporation tax and income tax for professional or trade income earned in Ireland to deduct the machine’s total expense from profit during the year of purchase. This means that the company’s tax-deductible profits decrease by the amount of capital expenditure that is eligible for taxation. The Wear and Tear Allowance permits the same tax relief however, it is distributed evenly over a period of eight years.
Electric Vehicle Home Charger Grant
The SEAI Home Charger Grant is government-funded support that assists homeowners and residents like you with the cost of installing EV charging points on your property. The scheme offers a grant of up to €600 to purchase and install the home charge device. To be eligible for the grant, you must ensure you work with a Safe Electric Registered Electrical Contractor.
The grant is now available to homeowners whether they have vehicles powered by electricity or not. The charge point may also be used by visitors or in rented accommodations. This grant is perfect if you are thinking of installing EV charging at your Airbnb. Beginning in September 2022, the Electric Vehicle Home Charger Grant Scheme will only work with smart chargers connected to Triple E.
Usually, the price for a charger at home and installation is €950 (or €1099 for most stores). But at EcoPlex, we provide and install home EV chargers at €500.
Electric vehicle charging is quickly becoming a key factor for many travelers. It is important to not only keep up but also keep ahead of the curve to stay competitive in the market. Offering free or even discounted EV charging is an immense benefit to those who travel on their own or are renting EVs to test them during business or vacation travel.
EV Charging Installation by EcoPlex
As explained above, there are several reasons to set up the EV charger on your Airbnb listing. If you’re looking to attract more guests, increase your guest satisfaction, or demonstrate your green initiatives, it is possible to include EV charging in your spot within Airbnb listings. Like hotels providing EV charging, Airbnb properties could benefit hosts and guests.
EcoPlex offers EV charging installation services that are fast, easy, and affordable. We will work with you to find the perfect location for your charger and ensure it is installed correctly. We also offer a wide range of EV chargers to choose from, so you can find one that fits your needs and budget.
Contact us today to learn more about installing EV charging at your Airbnb.