Avoid a shock! What to know before investing in EV chargers


As the global market for electric vehicles (EVs) continues to grow, more people are expecting EV chargers in public spaces. Along with expectations of shifting vehicle markets, installing EV chargers for a condominium is a great way to reduce a building’s carbon footprint. But what would you need to invest? Here’s what to consider before installing EV charging stations.

What building owners should know:

  • Type of chargers
    • Consider the type of chargers your building requireslevel 2 chargers are the most common and can charge most EVs in about 4-6 hours.
  • Placement
    • EV chargers cannot be too far from a parking space, as there are limitations electrically and cost-wise.
  • Sharing the energy
    • Using dynamic load management, energy is shared amongst chargers overnight to ensure everyone is topped up and your costs are kept down. 
  • Scalability
    • The installation is scalable, cost-effective, and can accommodate additional chargers later on. 
  • No long-term contracts
    • EV chargers are difficult to uninstall, so avoid long-term contracts in case you’re not satisfied with the product or service.

What to do before installing EV chargers:

  • Load evaluation
    • To keep in line with the Condominium Act, a third-party engineer must provide quote for a load evaluation.
  • Site assessment 
    • An electrical contractor must assess the cost, location of the panels, and amount of energy the building needs to power EV chargers. 
  • Understand the process
    • Ask questions along the way to ensure you understand the installation and what’s required. 
  • Develop a charging policy
    • Having a charging policy allows you to easily answer questions for residents. 

Signature Electric offers site assessment, sample policies, fully-scalable setups, and air-tight security with our Smart brand chargers. We ensure everything is accounted for and the process is as smooth as possible. 

Book a consultation for a site assessment here.

To learn more about EV chargers, watch this webinar from FirstService Residential Ontario.