With the rising popularity of electric cars in the UAE, the need for accessible and convenient EV charging solutions is constantly increasing. To facilitate the growth of EV infrastructure in the country, the government has introduced many initiatives and regulations for EVs in recent years. Even multi-family residential units and apartment complexes are now equipped with charging stations to make the adoption of an EV lifestyle more effortless for people.
Be it heightened convenience, energy saving, or increased property value, there are many noteworthy benefits of apartments with EV charging. Here we’ll discuss them in detail from the perspective of both residents and property owners.
Benefits of Apartments with EV Charging for Residents
Installing EV chargers in apartment buildings can benefit the residents in a myriad of ways, such as the ones discussed below:
The Luxury of Home Charging
Living in apartments with EV chargers entails many benefits for EV owners. For instance, while recharging your car, you could do the chores, help the kids with homework, or simply relax at home.
The luxury of doorstep access to a car charger also benefits individuals working from home. With their vehicles plugged into an in-house charging point, remote workers can ensure their availability for any urgent tasks. This results in a better work-life balance.
Residents of apartments installed with EV charges also have the convenience of charging overnight. However, it is better not to make it a habit and let your battery sit at 100% charge regularly. In general, lithium-ion batteries, installed in most plug-in vehicles today, perform best when operated between 30% and 80% charge capacity.
Time-saving is another significant advantage of EV charging at your apartment. Driving to the nearest public charging station can be time-consuming, especially if the car needs a charge during peak hours. Moreover, plugging in your vehicle at home is a great way to avoid charging station queues, which could result in long, stressful waits.
Cheaper Alternative to Public Charging
By accessing charging points in their apartment buildings, EV owners can easily avoid the costly use of public charging stations. By charging electric vehicles at home, consumers can exercise greater control over their energy consumption. They could easily regulate their energy usage and potentially reduce costs.
For instance, EV owners in Dubai can lower their electricity bills by charging their vehicles during off-peak hours. Please note that the peak load hours of DEWA, especially observed during the summer months (June-September), are from 12 pm to 6 pm. Well, there are many other ways to optimise electricity consumption and reduce DEWA bills.
Moreover, Abu Dhabi Distribution Company (ADDC) allows EV owners to conveniently use their home chargers with a nominal monthly fee of AED 92. This flat rate is applicable until the installation of a separate metre for the EV charger.
Lower Range Anxiety
Electric car range anxiety, which refers to the concern that an electric vehicle may not have enough battery charge to reach its destination and leave its occupants stranded, is a primary obstacle to EV adoption. However, the increasing availability of EV charging at apartments is helping to overcome this hurdle. With in-house charging options available, EV drivers can feel more confident in their ability to travel without fear of running out of power.
This is one of the most significant benefits of apartments with EV charging, as it eliminates the need for EV owners to travel long distances to find a charging station and alleviates the fear of being stranded with a dead battery.
Benefits of Apartments with EV Chargers for Property Owners
Here’s a list of some prominent advantages of owning apartments with EV charging.
Real Estate Appreciation
Investing in apartment EV chargers in the UAE is a wise move that can entail numerous benefits. Not only does it meet the current demand for EV charging, but it also positions your property for future success.
As more and more people switch to electric vehicles, the presence of EV chargers on your property will only become more valuable. When the time comes to sell your property, you’ll be able to reap the rewards of this investment and offset your upfront costs. Property owners can install these popular electric car chargers for homes available in the market.
Increased Rental Appeal
In a rapidly evolving market like the UAE, where EV usage is on the rise, installing EV charging points is a smart investment. For apartment owners, it could yield long-term benefits. For instance, providing EV charging solutions for apartments can significantly increase the rental appeal and attract environmentally conscious tenants.
Moreover, enjoying the convenience of doorstep EV charging could foster a sense of satisfaction among the residents. This may lead to enhanced tenant retention rates, ultimately benefiting property owners by reducing turnover and vacancy costs
Reduced Carbon Footprint
Installing EV chargers in apartment complexes presents an opportunity for property owners to reduce their carbon footprint. By providing the residents with an in-house EV charging facility, apartment owners can play an integral role in the development of a zero-emission transportation infrastructure in the UAE, contributing to the larger goal of combatting climate change. Moreover, there are plenty of other ways motorists can reduce the carbon footprint of their cars.
In conclusion, the benefits of apartments with EV charging are undeniable for both residents and property owners. Moreover, as EV adoption continues to gain momentum, providing charging solutions for apartments will soon become a necessity rather than an option.
Well, the wheels of change have already been set in motion. Many rental apartments in Dubai now offer EV charging points. The same goes for other major cities as well. Simply put, the UAE’s real estate market is also playing an imperative role in promoting eco-friendly mobility solutions.
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