Let Tri Star Electric take care of electric vehicle circuit needs.
Electric Vehicle Wiring Circuits in Ellicott City
Electric vehicles have been a hot topic for quite a while, and rightfully so. If you’re wondering what all the hubbub over battery-powered cars is about, you’ve come to the right page. When you invest in electric vehicle wiring circuits, you can save money and the planet. Plus, installing electric vehicle charging stations at your business in Ellicott City, Maryland, can be profitable. We’re here to break down the benefits of having electric vehicle wiring circuits in your Ellicott City home or business.
Electric Vehicles Save Money and Add to Your Wallet
In 2022, the U.S. Department of Energy (DOE) reported that it costs about half as much to drive a battery-powered car compared to a gasoline-powered vehicle. The DOE also used national averages to note that electric vehicle drivers pay $1.22 to drive the same distance a conventional car could go on a gallon of gasoline. Furthermore, electricity prices are far more stable. Gas prices have fluctuated between under $1.50 to more than $5 a gallon within the past ten years in the U.S. When you think about how unpredictable gas prices can be, adding electric vehicle wiring circuits to your property might be worth it.
There are also some incentives to being an electric vehicle driver. Both the IRS and the Maryland Energy Administration (MEA) offer rebates. Under Internal Revenue Code Section 30D, individuals and businesses can receive up to $7,500 if they purchase a qualifying all-electric vehicle. The MEA also offers a return to individuals ($700 per charging station) and businesses ($4,000 for each charging station). The Electric Vehicle Supply Equipment (EVSE) Rebate Program has more detail.
Furthermore, maintenance costs are much lower. According to AAA, the maintenance, repair, and purchasing of new tires for an electric car is $330 less than its gas-fueled counterpart, for a total of $949 annually. As far as fuel, AAA also found that the electricity needed to drive 15,000 miles a year in a battery-powered vehicle costs an average of $546, whereas it would cost $1,255 with a gas-powered car.
Business Owners in Ellicott City, Maryland, Can Use Electric Charging Stations to Profit
The purchase of electric cars is only going to increase over time. Depending on your industry, you could use having electric vehicle charging stations at your business to your advantage. For example, let’s say you’re a restaurant, retail, or hotel owner. You could charge patrons to power up their vehicles at your establishment. Also, people are always searching for charging stations. If you list that your business has one on apps such as ChargeHub, PlugShare, Electrify America, Chargepoint, and EV, electric car drivers can find your charging stations and, as a result, patronize your establishment.
Electric Vehicle Wiring Circuits Can Help Save the Planet
Finally, and most importantly, when you have electric vehicle wiring circuits at your home or business, you make the world a better place. Battery-powered vehicles don’t have tailpipes. Therefore, they can’t put harmful pollutants into the air.
TriStar Electric Offers an Extensive Array of EV Chargers
The following EV chargers that we can install at your home or business in Ellicott City include the following:
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Contact us today at (410) 799-5791 or (301) 384-8880 to experience why TriStar Electric is the best residential and commercial electrical company in Howard County.