Electric Vehicle Charging Infrastructure at Multi-Dwelling Units
Why Is It Important?
EVs Are Taking Off in Massachusetts
Consumer interest in EVs is growing fast in Massachusetts, and especially in Concord. Our forecast suggests that over a quarter of Concord residents are going to be looking for EV charging as an amenity where they live by 2030. Searchable online listings for apartment and condo shoppers already include EV charging as an amenity where it exists. Some developers of multi-dwelling unit properties in Concord are now wiring new homes for EV charging.
A Good Real Estate Investment Decision
Having EV charging infrastructure in place can help you:
In real estate, investment decisions affect the infrastructure that residents live with for 10, 20 or 30 years. Now is the time to plan for growth in EV ownership among your residents.
EVs Are Critical to Meeting Climate Goals
36% of Concord’s greenhouse gas emissions come from transportation. Transitioning from gasoline to electrically powered cars and procuring our electricity from carbon-free power is key to reaching our goal of 80% fewer carbon emissions by 2050.
The state is also focused on electrifying transportation. The Massachusetts 2050 Decarbonization Roadmap calls for emissions from light-duty transportation to be reduced to nearly zero by 2050. The primary strategy to reduce light-duty transportation emissions is switching from fossil-fueled vehicles to zero emissions vehicles.
And, Massachusetts will require all new cars sold to be electric by 2035.The Massachusetts Clean Energy and Climate Plan for 2030 sets a goal of increasing the number of electric vehicles on the roads to 750,000 by 2035, when all new “light-duty” vehicles, or passenger cars, sold will be mandated to be zero-emissions, meaning either electric or hydrogen fuel-cell cars, which also run on electricity.
State grants for shared charging stations are available to multi-dwelling unit properties through the MassEVIP Program. Our EV Specialist team is available to assist you with the application process. Contact them at email@example.com.
CMLP is carrying out two pilot programs in order to:
help apartment buildings and condominium associations install charging infrastructure;
help CMLP better understand how we can help; and
create real life examples of how EV charging is done at multi-dwelling unit properties with different parking area types.
CMLP selected three multi-dwelling units with 5 or more living units to participate in the pilot program. CMLP provided free engineering services to lay out infrastructure plans that can be installed over time to meet growing EV charging needs, and financial incentives to help cover installation costs for the first phase. Infrastructure plans were completed in 2020. In 2021, some participants are moving ahead with the installation of EV charging infrastructure.
CMLP may offer a successor program to the EV Ready Pilot Program, once more information is available about infrastructure installation and EV adoption at pilot program properties. Information about a successor program to the EV Ready Pilot Program will be posted hereif it becomes available.
CMLP owns and operates a shared EV charging station that it installed at Concord Greene for use by residents. CMLP is currently monitoring usage of the station in order to determine if it is financially feasible for CMLP to offer the Shared Charger Program to other multi-dwelling unit properties.