Why EV Charging Is a Must-Have Amenity
With over 10.6 million electric vehicles (EVs) on the road globally, the shift to sustainable transportation is accelerating. By 2025, Cox Automotive predicts that EVs will account for 1 in 4 vehicle sales in the U.S. However, while more drivers embrace EVs, the charging infrastructure isn’t keeping pace—especially in multifamily communities.
In the U.S., more than 80% of EV charging happens at home, making it the most convenient, affordable, and reliable option. But for nearly one-third of U.S. households living in multifamily properties, reliable charging solutions remain scarce. For property owners, this presents both a challenge and an opportunity.
EV charging is no longer just an attractive amenity—it’s a strategic investment that enhances property value, attracts high-quality residents, and boosts revenue. Here’s why multifamily property owners should make EV charging a priority.
- Increase Rental Revenue with a High-Demand Amenity
EV charging is among the most requested amenities in multifamily properties. According to the National Multifamily Housing Council, residents are willing to pay more for access to EV charging, making it a powerful revenue driver. As EV adoption grows, charging stations are shifting from a “nice-to-have” to a “must-have” feature for competitive properties.
- Attract and Retain High-Value Residents
EV drivers typically belong to a financially stable, high-income demographic. Yet, most multifamily properties are not equipped to meet their charging needs. While property owners typically manage 30 or more properties, only 5% currently offer EV chargers, leaving a significant gap in infrastructure. Providing charging solutions can set properties apart, attracting desirable residents and increasing long-term retention rates.
- Future-Proof Your Property
Much like Wi-Fi, which transitioned from a luxury to a necessity, EV charging is rapidly becoming an essential utility. Today’s residents expect charging access as part of their living experience, and properties without this infrastructure risk falling behind. Owners who fail to adapt may lose tenants to competitors that are prepared to meet evolving expectations.
- Take Advantage of Financial Incentives
Investing in EV charging infrastructure is more affordable than many property owners realize. Georgia Power offers aggressive EV charging rebates that cover up to 50% of the installation costs, significantly reducing upfront investment. Additionally, federal and state tax credits are available to further offset expenses, making it easier for property owners to integrate this essential amenity while maximizing financial returns.
- Partnering for Success
EV charging isn’t just a trend—it’s a long-term investment in your property and community. As demand grows, property owners must take proactive steps to implement reliable, cost-effective, and convenient charging solutions. The right EV charging partner can streamline deployment and management, ensuring seamless integration while maximizing property value.
The Time to Act Is Now
EV adoption is accelerating, and for multifamily property owners, the question is no longer if they need to provide charging, but when. Those who move now will gain a competitive edge, enhance property value, and meet the needs of today’s and tomorrow’s residents.
Are you ready to future-proof your property? The time to act is now. Contact DSI EV Solutions today for a free site review and more details on available rebates and incentives.
About DSI EV Solutions
DSI EV Solutions is the leading expert in commercial EV charging in Atlanta. We specialize in helping multifamily property owners integrate cutting-edge charging solutions that meet resident demands while maximizing financial incentives. With our expertise and industry partnerships, we make EV infrastructure installation seamless, cost-effective, and future-ready. Partner with DSI EV Solutions today to power your property for the future. www.dsievsolutions.com