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Approximately one in five cars sold globally are electric vehicles. Since 2023, demand for electric vehicles (EVs) has increased by more than 50%. California has more than 1.5 million registered electric vehicles. The increasing number of EVs on the road contributes to a higher demand for charging stations, which could lead to having to wait to charge your vehicle. Learn how installing an EV charger saves time, adds convenience, and elevates your home’s value in Thousand Palms, CA.
Increased Equity
Adding a home EV charger can increase the equity in your home. Studies indicate this addition could boost your home’s value by anywhere from $5000 to $15,000 in California. Factors that influence how much it adds to your property’s value include the type of charger you choose, where you place it on your property, and the local demand for EV infrastructure in Thousand Palms.
Makes Your Home More Appealing
When your home already has the modern conveniences buyers want, it will usually spend less time on the market. Having an EV charger can increase the likelihood of receiving bids above your asking price or prompting a bidding war. Here are some advantages of having an at-home Level 2 EV charger that make your home more attractive.
Fast Charging
An EV charger provides you with ample power to drive your vehicle for miles. Many compact EVs can travel 100 to 200 miles on a single charge. Mid-range EVs typically last for 200 to 300 miles on average, while high-end EVs last for 300 to 400 miles before needing recharging.
Most EVs are sold with a Level 1 charger that plugs into a standard 120-volt outlet. However, this type of charger only provides a maximum range of 5 miles per hour. While this might be acceptable if you only drive a few miles a day, it’s not practical for most EV owners.
A much better alternative is to have us install a Level 2 charger. These devices can provide up to 60 miles of range per hour. That means you can wake up every morning to a fully charged vehicle.
Convenience
Having an EV charger at home is convenient. Electric vehicle owners want to be able to get behind the wheel and drive off whenever they feel like it. Having this technology at home lets you plug in your vehicle and have it charged and ready to go every day. Your EV charging station doesn’t require a lot of space in your garage or outside your house.
You also avoid the hassle of having to drive to and plug your car into a public charger. Public chargers aren’t always reliable. You might also have to wait your turn if all the chargers are full.
Using a public charger can also be more expensive than charging at home. In Thousand Palms, for example, prices start at $0.45 per kilowatt-hour. Some locations with public EV chargers also charge idle fees if you leave your vehicle plugged in after it’s fully charged. Having a charger at home for your EV saves you the hassle of using public charging stations. It also saves money, as you’ll usually charge overnight when electricity rates are often lower.
Future-Proofing
Adding an EV charging station helps you future-proof your home. Future-proofing is crucial because it enables you to leverage energy-efficient and cost-saving technologies.
It also increases your home’s environmental sustainability and helps it adapt to technological advancements. You can make your home safer and more resilient and create a flexible living space by adding technology, such as an EV charging station, to it. Further, this addition adds a touch of modernity to your home. It significantly adds to the functionality and appeal of your garage.
Rental Appeal
If you plan to rent out your house, an EV charger makes it more appealing to budget-conscious renters. It provides your tenants with a fast and convenient way to keep their cars charged without having to pay for use of nearby chargers at the library, grocery store, or gas station.
Minimal Maintenance
EV chargers require minimal maintenance to operate effectively. You should have our electrical services experts professionally maintain yours at least once a year.
Your charger’s tune-up will include tasks like:
- A visual inspection for visible wear, tear, and damage
- Electrical testing for loose connections or faulty wiring
- Software updates to enhance its performance
- Safety checks of cables, connectors, and housing
- A performance assessment to confirm efficient charging
- Cleaning to remove dust, debris, and corrosion
Yearly maintenance helps mitigate the risk of overheating and electrical fires, ensuring your charging station remains a valuable asset to your home. It also helps your charging station last longer and addresses minor problems that could become more significant and costly later.
Tax Incentives
Installing an EV charging station in your home comes with numerous tax incentives. If you qualify, these incentives include a federal tax credit of up to 30% of the cost of the charger’s equipment and installation. The maximum credit for this incentive is $1,000.
Some utility providers in the state also offer rebates for Level 2 chargers. Southern California Edison offers homeowners rebates ranging from $300 to $1,200, while Silicon Valley Power offers a rebate of $500. Liberty Utilities offers residential customers a $ 1,500 rebate.
Smart Home Integration
Your new EV charging station enhances your home’s appeal by allowing you to integrate it with your smart home system. For example, pair yours with smart home hubs like Amazon Alexa and Google Nest. Likewise, pair it with energy-monitoring devices that provide you with insight into its electricity consumption. This allows you to balance your EV charging needs with your home’s power demands.
EV charging stations today also connect with solar panel systems. They sync with solar inverters to use renewable energy for charging your vehicle. Similarly, smart plugs and outlets allow you to remotely control and monitor your EV charging station, ensuring it remains active only when needed. If you have a smart thermostat, use it to coordinate energy use between your EV charging station and your home’s heating and cooling system. It optimizes your costs during off-peak hours.
Customization Options
As a homeowner, you have customization options to ensure your EV charging station adds to your home’s value. Choosing an upgraded look makes this addition look sleek and visually appealing, which lends to your home’s aesthetics.
Additionally, customizing your EV charger to include multiple charging ports adds to its value and convenience. It also provides a practical benefit, as you can charge multiple vehicles simultaneously with it.
Weatherproofing this charger ensures your station withstands extreme weather conditions. Equipping it with robust features allows it to function safely and last longer.
Learn More about EV Charging Stations for Your Home
Our team at Home Team Electric is ready to install an EV charging station in your home in Thousand Palms, CA today. We won the 2017 Morongo Basin Best of the Best Award. Our electricians service wires and breakers and upgrade outdated electrical fixtures. We hold an A+ rating with the Better Business Bureau.
Contact Home Team Electric to ask about installing an EV charging station in your home today.
