Vancouver Electrician Leads the Charge EV Infrastructure

PRESS RELEASE
Published November 11, 2024

Vancouver Electrician Needed: Rise of Electric Fleets and What It Means for BC Businesses

Coquitlam, Canada - November 11, 2024 / Elpro Electric - Electrician, Electrical Service Upgrade, Complete Home Electrical Services Port Coquitlam /

Charge Ahead: The Growing Demand for Commercial EV Infrastructure in British Columbia

VANCOUVER, BC - As British Columbia accelerates its transition to a greener future, Elpro Electric is positioning itself as a key player in the rapidly growing electric vehicle (EV) fleet market. With commercial EV adoption on the rise, the demand for skilled electrical contractors to install charging infrastructure has never been higher.

Electrician Vancouver for Commercial EV Charging Station Installation

Recent data from BloombergNEF shows that global electric light-commercial vehicle (LCV) stock has reached approximately 435,000 units, with Europe experiencing a 40% jump in electric LCV registrations in 2020 alone. In North America, the trend is similar, with Deloitte Canada reporting that 2024 could be a pivotal year for electric fleet vehicles.

"We're seeing a significant increase in inquiries from businesses looking to electrify their fleets," says Lukas, co-owner of Elpro Electric. "The economics of fleet electrification are becoming increasingly attractive, and companies are realizing they need to act now to stay competitive."

Market Trend is on Electrifying Logistical Solutions

Indeed, McKinsey & Company projects that light commercial vehicles will achieve total cost of ownership (TCO) parity with internal combustion engine vehicles by 2025, while medium-duty trucks will follow closely behind. This economic shift is driving businesses to seriously consider fleet electrification.

The growing demand for commercial EV charging infrastructure presents both challenges and opportunities. According to the International Energy Agency, the global electric bus and heavy-duty truck stock reached 600,000 and 31,000 respectively in 2020, with numbers continuing to climb. This growth necessitates a rapid expansion of charging capabilities.

"Installing commercial EV charging stations requires specialized knowledge and experience," explains Andy, co-owner of Elpro Electric. "We've invested in training our team to handle the unique requirements of these systems, from power management to integration with existing electrical infrastructure."

Elpro Electric is well-positioned to support businesses taking advantage of government incentives for EV adoption. The company offers comprehensive services for commercial EV charging station installations, from site assessment and design to installation and maintenance.

As the electrification of commercial fleets gains momentum, Elpro Electric remains committed to providing top-tier electrical services that support British Columbia's green initiatives. The company welcomes businesses looking to electrify their fleets and invites them to explore the benefits of working with a experienced local electrical contractor.

A Game-Changer for Builders and Developers in BC

commercial-strata-level 2-charge-station

As electric vehicle (EV) adoption continues to surge in British Columbia, builders and developers have a unique opportunity to capitalize on this trend and increase the value of their properties. With government incentives and growing consumer demand, integrating EV charging infrastructure into new developments is becoming not just an amenity, but a necessity.

Key Points for Builders and Developers:

1. Market Demand:

- BC leads North America in EV adoption, with 23% of new car sales being electric in 2023.

- By 2035, all new light-duty vehicles sold in BC must be zero-emission.

2. Government Incentives:

- The CleanBC – Go Electric EV Charger Rebate Program offers significant financial support:

* Up to $3,000 for EV Ready plans

* Up to $80,000 for EV Ready infrastructure

* Up to $14,000 for chargers

* Total potential rebate of $97,000 per multi-unit residential building

3. Regulatory Changes:

- Recent amendments to the Strata Property Act make it easier to install EV charging infrastructure in strata properties.

- Strata corporations with five or more strata lots must obtain an electrical planning report by December 31, 2026, or December 31, 2028, depending on location.

4. Future-Proofing Developments:

- Installing expandable EV infrastructure allows for easy addition of charging stations as demand grows.

- Some installations can accommodate up to 16 additional chargers in the future.

5. Increased Property Value:

- EV charging capabilities are becoming a significant selling point for potential buyers and renters.

- Properties with EV charging infrastructure may command higher prices and attract environmentally conscious buyers.

6. Cost Recovery Opportunities:

- Strata corporations supplying electricity to EV charging stations may qualify for low carbon fuel credits under BC's Low Carbon Fuels Act.

- These credits can be sold on the credit market, providing an ongoing revenue stream.

7. Competitive Advantage:

- Developments with EV charging infrastructure stand out in the market, potentially leading to faster sales and higher occupancy rates.

8. Long-Term Cost Savings:

- Installing EV infrastructure during construction is significantly more cost-effective than retrofitting existing buildings.

9. Compliance with Future Regulations:

- As regulations continue to evolve, new buildings with EV charging capabilities will be ahead of the curve.

10. Sustainability Credentials:

- EV charging stations contribute to green building certifications, enhancing the development's environmental profile.

By incorporating EV charging infrastructure into new developments, builders and developers can:

- Attract environmentally conscious buyers and tenants

- Increase property values

- Take advantage of substantial government rebates

- Position their properties at the forefront of sustainable living

As BC continues its transition to a greener future, forward-thinking builders and developers have the opportunity to lead the way in sustainable urban development. By embracing EV charging infrastructure now, they can create properties that are not only attractive to today's buyers but also well-prepared for the electric future of transportation.

For more information on how to incorporate EV charging into your developments and to learn about available rebates, contact Elpro Electric or visit the PluginBC website.

For more information about Elpro Electric's commercial EV charging services or to schedule a consultation, visit elproelectric.ca or call 604-512-2207.

Frequently Asked Questions about Commercial EV Charging Infrastructure in BC

Do I need pre-approval for EV charging infrastructure rebates?

A: Yes, pre-approval from BC Hydro is required for both infrastructure and EV charger rebates. You must secure this approval before purchasing or installing any infrastructure or chargers[4].

Who is responsible for the costs of installation and maintenance of commercial EV chargers?

A: The property owner or business is typically responsible for all costs, including installation, unit costs, and maintenance.

Are there specific signage requirements for commercial EV charging stations?

A: Yes, each charging station space must be posted with signage indicating that electric vehicle charging is available.

How long does a typical commercial EV charging station agreement last?

A: In Vancouver, for example, the duration of a curbside EV charging installation term is typically 5 years.

Can businesses set their own fees for EV charging?

A: Yes, the resale of electricity was deregulated by the BC Utilities Commission. Businesses may set user fees as they deem appropriate.

How many EV charging ports does BC plan to have by 2030?

A: BC Hydro plans to have 3,000 EV charging ports available across B.C. by the end of 2030.

For more detailed information on commercial EV charging infrastructure in BC, please contact Elpro Electric or visit the BC Hydro website.

About Elpro Electric:

Elpro Electric is a leading electrical service provider in the Greater Vancouver area and Fraser Valley. With expertise in commercial and industrial electrical work, they have expanded their services to include EV charging station installations for businesses and fleet operators. Committed to quality and customer satisfaction, Elpro Electric is a company comprised of certified master electrician helping to power British Columbia's sustainable future.

Contact:

Lukas or Andy

Elpro Electric

604-512-2207

info@elproelectric.ca

level 2 charge station installation.jpg Trusted Vancouver Electrician.jpg

Contact Information:

Elpro Electric - Electrician, Electrical Service Upgrade, Complete Home Electrical Services Port Coquitlam

1224 Burlemont Pl Coquitlam, BC V3B 0C8
Coquitlam, BC V3B 0C8
Canada

Andy Lukas
+1 604-512-2207
https://elproelectric.ca/

Facebook