GET EV CHARGERS FEASIBILITY REPORT

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  Commercial Solar EV Chargers

  When you charge an EV using an AC charger, the electricity must be converted from AC to DC by the car’s onboard charger before it can be stored in the battery. EVs are typically designed to use direct current (DC) to charge their batteries, but most of the power grid delivers alternating current (AC)

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  Charging Speed of AC Chargers

  AC Charging is generally slower because the onboard charger in the vehicle has limited capacity to convert electricity. This method is commonly used for home or workplace charging where speed isn’t a primary concern. AC Chargers typically range from Level 1, which is 120V, to Level 2, which is 240V, faster but still not up to par with DC’s speed. This charger is suitable for long-duration charging at your home and workplace.

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  How Direct Current (DC) Charging Works

  For DC chargers, it skips the vehicle’s onboard charger and supply direct current (DC) electricity directly to the battery. This bypasses the AC-to-DC conversion process, making it much faster to charge the vehicle. DC fast charging is particularly useful during road trips or in situations where a vehicle needs to recharge quickly (such as during a 20–30-minute stop). This makes it ideal for long-distance travel or commercial use where downtime is costly.

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  Charging Speed of DC Chargers

  The DC charger is significantly faster that AC charging because it directly delivers energy to the battery without depending on the car’s onboard converter. DC fast chargers can provide power up to 350kW, allowing some vehicles to charge up to 80% in as little as 20-30 minutes.

Feature	AC Charging	DC Charging
Electricity Type	Alternating Current (AC)	Direct Current (DC)
Conversion Process	Converted from AC to DC by the vehicle’s onboard charger	Directly supplies DC to the vehicle’s battery
Where to Install	Home, workplace, slower public chargers	Public fast-charging stations
Typical Power Output	Level 1 (1-3 kW), Level 2 (7-22 kW)	DC fast chargers (60 kW to 350 kW)

Return on Investment for EV Chargers

According to the Federal Chamber of Automotive Industries, electric vehicles, hybrids, and plug-in hybrids reached a combined total of 196,868 sales in Australia in 2023, representing a market share of 16.2%. With an expected compound annual growth rate (CAGR) of 17.05% from 2024 to 2028, the market is projected to reach a volume of AUD 9.25 billion by 2028.

Now is the ideal time to take advantage of this growth and generate revenue by offering charging services for electric vehicle users. Kuga Electrical specialises in the design, engineering, construction, and software solutions for charge point operators, ensuring a seamless and efficient experience.

As a business or commercial property owner, installing a solar-powered EV charging station can significantly increase your revenue stream while also creating opportunities for your own business and those around you. When EV drivers choose to charge at your station, they often spend time exploring the area.

They might grab a meal, shop, or relax at nearby businesses while their vehicle charges, creating a ripple effect of foot traffic and potential sales for surrounding stores.

So, is it worth investing in a solar-powered EV charger for your property?

Absolutely.

With more drivers transitioning to electric vehicles for sustainability and other incentives, the demand for charging infrastructure is rising. By adapting to these emerging technologies, you not only support a cleaner future but also position your property as a valuable hub for EV drivers. Embrace the opportunity to profit while promoting a greener way of living.

Integrating an application to your EV Chargers can also help you maximize your revenue. From optimizing your business’s internal charging need to opening your chargers in public for extra revenue.

With Kuga, you can build charging infrastructure that is not only effective but scalable to meet future demands.