How profitable is it to open your own electric lvl 2/3 charging station?

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No, EV Charging isn’t a draw just yet since it takes so long. Most cars can take as little as 90 seconds to fill at max flow rate (10 GPM). The Hyundai ionic can take as little as 62 seconds. While EV charging getting better, the fastest charging car (Lucid) still needs to charge for 20 minutes. Typically speaking you really need to charge for at least 30-45 minutes. This means you need some sort of rest stop amenities like bathrooms, a 24 hour conveinance store/coffee shop/ restaurant (preferable fast casual).

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The answer is no. Demand charges from the electric companies often exceed
the possible revenue from public charging at stations, making it uneconomical to host a
DCFC station.

The future of DCFC stations is battery backups, so they don’t have to solely rely on the grid and what the grid charges large commercial consumers. Tesla is leading in that space with Megapacks, but we are talking multi millions installations.

Freewire makes DCFC units, the Boost 150 and Boost 200. They are unique as they have battery packs built into the units. The units run from $150k-$200k+. Problem with these they can’t charge many vehicles back to back to back. Once the battery pack assist is depleted in the unit, it de-rates to the incoming grid connection rate.

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ty for information yall,

I went to buy EV box truck eM2 and I was told they do not have any available this year but they have lvl 2 and 3 chargers, I told them well I won’t need it if I don’t have the truck to charge and they told me well you could install them and let regular people charge. so that’s why I asked these questions lol

It seems like the cost of construction and chargers won’t be the issue but the rate the electric company will charge me and having so many lvl 3 chargers pulling so much electricity in one location will be the big expensive issue.

So I have killed the idea in my head.

I think some gas stations are seeing the writing on the wall, still waiting for more to make a partial switch

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Shell came through on a road trip

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What’s the wholesale electricity rate, what rate will you sell it for, and how much do you need to sell per day to break even? Isn’t that the back of napkin info you need to get an idea of the investment potential?

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Shell electricity
I’ll take Costco electricity any day

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It is this. And this isn’t unique to EV charging stations.
Most gas stations operate the same way. Break even on price of gas and profit comes from sales of everything else be it car wash, cigs or snacks.

If you can break even on cost of charging the captive audience is very valuable. But you have to have a way to extract additional spend from that captive audience.

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It was free plus I just visited a ChargePoint lot with no working chargers. Take what you can get :joy:

That is way too low. On the dealer side, our 150kW units averaged $300k for installation You need permits, surveying, electricians, etc. Then you need a huge power box (I don’t know the technical term) to supply power so you don’t fry the surrounding power grid.

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