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This EV Charger Can Make Money for Property Owners

A new effort by Brooklyn-based startup itselectric, in partnership with the New York City Economic Development Corporation and Hyundai CRADLE, will test curbside chargers of its own design in the city later this year.

The company partners with individual property owners who want to install chargers as a source of income, with itselectric analyzing the electrical panel and the curb for suitability. If a site seems like a good fit, itselectric installs and maintains a Level 2 charger at no cost to property owners, which is powered by spare energy from a building’s electrical supply. The company says property owners who host chargers can earn amounts starting at $1000 per charger per year.

via Car and Driver

May 8, 2023connieshedron
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