EV Ready Plans
Understanding EV Ready Plans
What Is an EV Ready Plan?
An EV Ready plan is a professional document prepared by a licensed electrical contractor and/or electrical engineer. It includes details about how your complex will provide each residential unit with at least one EV Ready parking space.
It evaluates your building’s current electrical capacity, identifies any necessary upgrades, and designs a strategic approach for installing charging stations efficiently and cost-effectively. Additionally, providing EV charging facilities in your strata building can enhance your property’s value and appeal to prospective buyers.
Understanding EV Ready Plans
Electric vehicles (EVs) are becoming an increasingly common sight on our roads, representing a significant shift towards sustainable transportation.
As more people choose EVs, the demand for convenient and accessible charging options is growing rapidly, especially in multi-unit residential buildings like strata corporations. Preparing your strata for this evolution is essential, and an EV Ready Plan is the first crucial step in that journey.
Preparing Your Strata for the EV Revolution
- Assessing Current Infrastructure
- Planning for Future Growth
- Ensuring Accessibility and Convenience
What Are the Benefits of an EV Ready Plan?
With the amendments of the Strata Property Act as of 2023 which make it easier for strata owners to install EV chargers, obtaining an EV Ready Plan provides the strata corporation with the information needed to determine their building’s electrical capacity and create a plan for the future installation of EV chargers. This proactive approach ensures your strata is well-prepared for the growing number of residents who own or wish to purchase electric vehicles.
Currently obtaining an EV Ready Plan is a prerequisite for accessing rebates and incentives offered by programs like the BC Hydro EV Charger Rebate not only for the preparation of the EV Ready Plan, but also for the installation of the building EV infrastructure and EV chargers. These financial incentives can significantly offset the costs of installing EV charging infrastructure, making the process more affordable for your strata corporation.