EV Chargers and Property Value

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EV Chargers and Property Value

With Ireland firmly on the road to becoming fully electric, the adoption of electric vehicles (EVs) is rising steadily. 3,952 EVs were registered in the first five months of 2021 – the biggest increase to date. This is an increase from 1,847 in the same period last year. So naturally, this means an increase in EV chargers in homes.While no wide scale study has been completed in Ireland, studies across the UK have pointed to an increase in property value for homes with an EV charger installed. In a survey completed in the UK, one in five respondents said that they would not switch to an EV because of limited access to a charge point. However, it is speculated that man did not know that you can install one at home. EV chargers cost around €500 to start when relevant grants are taken into account, including labour. But for some, this could seem like a bargain when a home EV charger could be linked to an increased valuation of your property.After analysing 1,000 house prices across 50 UK areas, a UK firm found that homes with an EV charger installed sold for 13% more than the local average. With the average UK house price now standing at £194,000, that would mean a value increase of £25,220 to a property.Within the data collected, 76% of homes with an EV charger installed showed an increase in value, when compared to the local average. For the 38 out of 50 areas which saw a positive association between property value and EV chargers, the analysis showed an increase of £50,595 on average.Out of the 50 cities surveyed, only one in four (24%) did not see a positive link between house prices with a charger installed and the local average. The average loss was 16% in value. The same study also analysed the prices of houses without an EV charger installed and compared them to the local average. Their analysis found that 80% of homes with no EV charger installed or nearby sold for less than the local average. The average difference in price was minus 20% or £64,696.This could indicate that EV chargers are valuable to potential homeowners when they’re looking for a new property.

5 tips for installing home EV chargers

  • Apply for a government grant - The SEAI grant roughly halves installation costs for your home EV charger.
  • Avoid installing your own charging point unless you are qualified – if you opt for a self-installation, you’ll miss out on grants, as well as the risk of damaging your car and home.
  • Install solar panels – installing a solar panel to charge your car can help save hundreds on car charging.
  • Choose the right EV charger – if you don’t travel very long distances and have a suitable amount of time to charge your EV, such as overnight, a lower kW charger can save you money.
  • With new-build homes, you should really consider installing an EV charger. Not only will this increase the property value, you are futureproofing your home.

Why else should you install a charging point?

  • Installing a charging point in your home isn’t just linked to property value – they’re also much more efficient for charging your EV
  • Convenience– charging your car and handy for friends and family who stop by.
  • Reduced Cost – it’s estimated to save you over €1,000 a year using your own charger rather than one outside your home.
  • Faster charging – EV chargers are 30-60% quicker than using a standard wall socket.
  • Increased efficiency – traditional sockets aren’t designed for high power outputs over long periods, making charging less efficient.
  • Get ahead of the curve – Normal internal combustion engine vehicles are being slowly phased out. Use the grant while it's still there!

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10 Smart Tips for Embarkingon Your First Cross-countryEv Trip.

Are you considering taking a cross-country road trip in an electric vehicle? If so, you’re not alone! More and more people are making the switch to electric vehicles every day, and for good reason – they’re awesome! But if it’s your first time taking a road trip in an EV, there are some things you need to know. In this blog post, we will discuss 10 smart tips for embarking on your first cross-country EV trip!

Cross-country EV road trips can be a great adventure, especially if you’re the first person to drive an electric vehicle (EV). Road trips allow us to indulge in our curiosity and explore the world as we do with other activities. EVs offer a great option for driving around the country because of their range and fuel efficiency. It is also more affordable since gas prices vary between states, but prices at electric charging stations are generally the same. However, you should prepare for a cross-country road trip just as you would with a gasoline-powered vehicle.

Ev

Can you take a road trip in an electric car?

If you’re considering taking an electric car on a road trip, you may be wondering if it’s even possible. The good news is that yes, you can definitely take an electric car on a road trip! There are a few things you’ll need to keep in mind, however.

First of all, you’ll need to make sure that your car has enough range to get you to your destination. This may mean planning your route ahead of time and making use of public charging stations along the way. You’ll also need to pack lightly, as electric cars tend to have less cargo space than traditional cars. But as long as you’re prepared for a few challenges, there’s no reason why you can’t hit the open road in your electric car.

How should I prepare for a cross-country EV road trip?

Going green on a cross-country EV road trip is a great way to see the country while also saving money on gas. However, there are a few things you’ll need to keep in mind in order to make sure your trip goes smoothly.

First, you’ll need to plan your route carefully. Since EV charging stations are still relatively sparse, you’ll need to make sure you have a clear idea of where you can charge up. Secondly, it’s important to pack light. An EV has a limited range, so you’ll need to be mindful of how much weight you’re carrying. Finally, make sure you’re prepared for inclement weather. EV charging stations are often located outside, so you’ll need to be prepared for hot or cold weather conditions

Can you take a road trip in an electric car?

These 10 smart tips will help you get on the road in your EV.

#1. Plan your routes.

While spontaneity can be part and parcel of the attraction of an unexpected cross-country EV road trip, drivers need to map where they intend to drive. Although EV charging station infrastructure has improved in leaps and bounds, there is still a gap in the availability of public charging stations in certain areas. If you plan your route, it is possible to travel cross-country.

#6. Make sure to explore through charging stations.

While charging your EV, you’ll also have the chance to explore new places and even nature during your cross-country EV trip.

#2. Prepare your EV.

Preparing your EV for the trip will not take too much time unless there is a particular issue. The tires, brakes, and windshield wipers of your EV should be checked. Low tire pressure can adversely affect the EV’s performance and decrease its range. Make sure you have an emergency kit or double-check what one you already own.

#7. Look for accommodations with EV chargers.

Although EV charging apps will likely list hotels and motels as their data, it is still a good idea for potential lodging establishments to verify if they have charging facilities.

#3. Get EV apps.

A variety of apps are available to assist you in finding compatible charging stations near you. Two of these apps are PlugShare and GoCharge. These are great options to make sure you don’t get stuck without a charge.

#8. Prepare a plan B.

It is a good idea to have a plan B when traveling especially if you plan to drive a low-range electric vehicle across the country and in areas that don’t have many charging stations.

#4. Be conservative with your range estimates.

Overestimating the range of your electric vehicle can lead to a loss of control or a dead end on the road. This is particularly true for drivers who travel on unfamiliar terrains. Drivers may not be familiar with how steep climbs and heavy winds can drain batteries faster and reduce an EV’s range.

#9. Use a portable charger.

In case of any changes in plans, a portable charger is a great option. It is important to consider other charging options to not to be left behind on the sidelines due to running out of battery.

#5. Expand your range.

Avoiding rapid acceleration and sudden starts, which can waste additional energy, is the best way to extend your range. Hard stops and abrupt braking can also reduce your EV’s efficiency in regenerative brakes.

#10. Do not focus on getting a full charge.

If you’re going on a cross-country EV trip with an electric car, you don’t need to charge it to 100% unless you’re willing to make longer stops. Charging to a full capacity can take longer and could affect your trip. Just charge adequately to get to the next charging destination so you can travel faster and make fewer stops.

Electric Car Charger Installation Ireland Grants for Businesses

Electric car charger installation Ireland grants for businesses make your accommodation and tourist spot desirable for EV car owners. Install an EV charger now to take advantage of the cross-country EV trip planned by many people. A lot of businesses are doing the same, as the electric car market is only going to grow in the coming years.

This is great news for the environment, as electric cars produce zero emissions. They also tend to be cheaper to operate and maintain than petrol or diesel cars. So if you’re a business owner, now is the time to install an electric car charger. Not only will it make your business more appealing to electric car owners, but you’ll also be doing your part to help the environment and with the electric car charger installation Ireland grants that are available, there’s no excuse not to install one today. For further information on the Accelerated Capital Allowance tax (ACA), click here.

Ev Charging Station Installation by Ecoplex

As the world increasingly turns to electric vehicles to help reduce our carbon footprint, the need for reliable and accessible EV charging stations becomes more important than ever. That’s where EcoPlex comes in. We specialize in the installation of EV charging stations, and we’re committed to providing the highest quality service possible.

Our team of experts will work with you to determine the best location for your EV charging station installation, and we’ll handle all of the necessary paperwork and permits. We’re also proud to offer a wide range of financing options to make the installation of an EV charging station as seamless and affordable as possible. So, if you’re looking for a reliable partner to help you install an EV charging station, look no further than EcoPlex.

Contact us today for your EV charging station installation. With EcoPlex, EV owners will embrace traveling without fear.

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Smart Tips for Embarking onYour First Cross-country Ev Trip
Are you considering taking a cross-country road trip in an electric vehicle? If so, you’re not alone!...
Smart Tips for Embarking onYour First Cross-country Ev Trip
Are you considering taking a cross-country road trip in an electric vehicle? If so, you’re not alone!...
Smart Tips for Embarking onYour First Cross-country Ev Trip
Are you considering taking a cross-country road trip in an electric vehicle? If so, you’re not alone!...
Smart Tips for Embarking onYour First Cross-country Ev Trip
Are you considering taking a cross-country road trip in an electric vehicle? If so, you’re not alone!...