— HOMEOWNERS ASSOCIATIONS & PROPERTY MANAGERS
Empowering Communities for a Sustainable Future: Invest in EV Charging for your HOA today
EV ownership is on the rise and providing charging options for residents will not only accommodate their needs but will also attract potential buyers and tenants who own EVs.
Having a charging station in the community can increase property values and make the HOA more attractive to prospective residents. Installing EV charging stations can demonstrate the HOA's commitment to sustainability and environmental responsibility.
With the increasing number of EVs on the road, having a charging station can also provide peace of mind for residents, knowing that they have access to a convenient and reliable charging solution close to home. Installing EV charging stations can bring multiple benefits to HOAs and their residents and is worth considering as a valuable investment.
COIL installs EV charging by the book to ensure a safe installation of the highest quality.
— WHY SHOULD HOMEOWNERS ASSOCIATIONS (HOAs) INVEST IN EV CHARGING STATIONS?
ENVIRONMENTAL BENEFITS
By installing EV charging stations, the HOA can play a role in reducing greenhouse gas emissions and improving air quality in the community. This can be particularly important in California, which is known for its commitment to clean energy and reducing its carbon footprint.
INCREASED PROPERTY VALUE
Installing EV charging stations can increase the property value of the HOA community, making it a more attractive and desirable place to live. This can be especially important for homebuyers who are interested in owning an electric vehicle
CONVENIENCE & ACCESSIBILITY
Providing EV charging stations can make it easier and more convenient for residents to charge their vehicles. This can reduce range anxiety and increase the appeal of electric vehicles, helping to drive their adoption.
COST SAVINGS
Installing Level 2 charging stations can be less expensive than using public charging stations, especially if the HOA can take advantage of off-peak electricity rates. This can help residents save money on their charging costs over time.
ENERGY MANAGEMENT
By monitoring and controlling energy usage, the HOA can help reduce electricity costs and improve the overall efficiency of the community.
COMMUNITY LEADERSHIP
Installing EV charging stations can demonstrate the HOA's commitment to sustainability and leadership in promoting clean energy. This can enhance the community's reputation and increase its appeal to potential residents and homebuyers.
GOVERNMENT INCENTIVES
California offers a range of government incentives for installing EV charging stations, including rebates, tax credits, and grants. These incentives can help offset the cost of installing the charging stations and make it a more attractive investment for the HOA.
With the growing popularity of electric vehicles and the many benefits they offer, it is an investment that is likely to pay off in the long run.
— HOA - CASE STUDY
COIL partnered with Wallbox to implement quality HOA residential EV charging stations by installing and networking 13 Pulsar Plug chargers with sufficient room for the remaining unit owners to join the system in the future.
As one of the first multi-unit installations of the new Pulsar Plus in the United States, the Wallbox North America team worked closely with the COIL team throughout the process, from pre-sales support and training through the final installation and configuration of the Power Sharing system, ensuring a seamless experience for both COIL and the HOA.
“While we originally targeted the Pulsar Plus for single-family residences, the technology is ideal for multi-unit installations as well,” said Brett Graessle, head of sales and business development for Wallbox North America. "Together with COIL, we have quickly proven this concept with this installation in San Francisco, and we are excited to continue our partnership to bring our technology to more homes and communities across the region.”
— COIL SERVICES
HOA SOLUTIONS
We work directly with HOAs to design and engineer solutions that are up to your HOA’s standards and will obtain the correct permits for installing residential EV charging stations.
EVSE ADMINISTRATIVE PAYMENT SOLUTIONS
EV charging stations are a great investment and provide the opportunity for ROI. COIL will work with you to determine which charger is the best equipment with payment solutions for your project.
DIRECT UNIT METERING SOLUTIONS
For a tailored solution, COIL can offer direct unit metering for each of your individual EV charging stations. This service connects the EV charging stations directly to the unit so that utility billing goes directly to the tenant. No management needed on your part! This is a great option for your residents with assigned parking.
POWER SHARING SOLUTIONS
Having a power sharing solution for your residential EV charging stations allows your tenants to have multiple EVs charging at the same time without the worry of overloading the power system. Once it senses that the car is done charging, the system itself will shut off or send power to the other EVs that still need more charge. This works to balance the whole network, making it a safe and economical solution.
DESIGNED & ENGINEERED PLAN SETS
Every installation done by COIL is a full end-to-end solution. We design and engineer our plan sets for each location that best suits the customer’s needs and what works best with the existing infrastructure. No need to be an EV expert - that’s what COIL is here for! Start upgrading your property and enticing potential residents today.