From Cost Savings to Corporate Responsibility: The Business Case for EV Charging Stations

Written by Zack Griffin, President & Founder of Evolved Lighting & Energy

Zack started Evolved in 2006 with the mission to transform lighting in commercial spaces from traditional and costly, to energy efficient and productivity boosting. He’s used science, significant product knowledge and design expertise to grow Evolved into the successful business it is today.

 

Electric vehicles (EVs) aren’t just for tech enthusiasts and early adopters anymore. With EV sales projected to make up 40% of all new vehicle sales by 2030 (BNEF, 2023), businesses that invest in charging infrastructure now are positioning themselves ahead of the curve.

For facility managers, operations directors, and business owners, installing EV charging stations in commercial parking lots isn’t just an environmental gesture—it’s a strategic move that can cut costs, attract customers and employees, and enhance corporate responsibility.

But how does this impact properties like large warehouses, office buildings, and hospitals? Let’s break it down.

 

1. Attract More Customers, Tenants, and Employees

For Warehouses & Distribution Centers:

Fleet electrification is on the rise, and warehouse operators need to prepare for the transition. Companies like Amazon and FedEx are already adding EV delivery vehicles, and they’ll need places to charge. Installing EV chargers now positions your facility as a preferred location for logistics tenants investing in electric fleets.

Not to mention, warehouse employees who drive EVs will appreciate workplace charging—helping with talent retention in an industry facing ongoing labor shortages (Bureau of Labor Statistics, 2023).

For Office Buildings:

A 2022 CBRE report found that 65% of corporate tenants prioritize properties with EV charging stations (CBRE, 2022). Offices with charging stations can attract sustainability-conscious tenants and provide a key employee perk, helping companies meet their ESG (Environmental, Social, and Governance) goals while improving employee satisfaction.

For Hospitals & Healthcare Facilities:

Hospitals operate 24/7, and staff members—including doctors, nurses, and support staff—often work long shifts. Providing on-site EV charging ensures that employees can charge their vehicles while they work, reducing range anxiety and making the facility more appealing as an employer. Additionally, patients and visitors benefit from convenient charging options during extended visits.

 

2. Financial Incentives Help Offset Costs

One of the biggest concerns about EV chargers? Upfront costs. But here’s the good news: federal, state, and utility incentives can cover up to 80% of installation expenses.

• The Alternative Fuel Infrastructure Tax Credit provides a 30% tax credit for businesses installing EV chargers (IRS, 2024).
• Many utility companies offer grants and rebates that significantly reduce installation costs.
• Some states even provide demand charge incentives, lowering electricity costs for high-usage facilities like warehouses and hospitals.

And let’s not forget revenue potential. Businesses can monetize their chargers by offering pay-per-use charging, subscription models, or free charging to increase customer and employee loyalty.

 

3. Future-Proofing Against Regulations

Government policies are shifting toward EV adoption. States like California, New York, and Washington already require new commercial buildings to include EV-ready infrastructure (U.S. DOE, 2023).

For hospitals and office buildings, this means meeting sustainability compliance standards before they become mandatory. Warehouses and distribution centers, especially those in urban areas, are facing growing pressure to reduce emissions—installing EV chargers now helps future-proof against evolving emissions regulations.

 

4. Strengthen Corporate Sustainability and ESG Goals

Companies that lead in sustainability don’t just help the environment—they also attract investors and customers.

• 91% of global investors consider ESG factors when making investment decisions (PwC, 2023).
• Consumers are willing to pay up to 10% more for products and services from companies with strong sustainability initiatives (Nielsen, 2023).

For office buildings, this translates into higher tenant demand. For hospitals, it enhances community trust and corporate responsibility. And for warehouses, it improves compliance with corporate supply chain sustainability goals—especially for companies aiming for carbon neutrality.

 

5. Support Employee Retention and Workplace Benefits

For Warehouses & Distribution Centers:

Warehouse employees often work long shifts in locations with limited access to public transportation. Providing EV charging can serve as a valuable workplace benefit, encouraging employees to make the switch to EVs without worrying about charging access.

For Office Buildings:

A Deloitte survey found that 60% of employees would consider switching jobs for better sustainability perks, including EV charging (Deloitte, 2023). Offering charging stations can be a differentiator for attracting and retaining top talent.

For Hospitals & Healthcare Facilities:

Many healthcare workers rely on their vehicles for long commutes or off-hour shifts when public transit options are limited. Providing charging stations directly benefits staff members, ensuring they have a reliable way to power their vehicles regardless of their shift schedule.

Final Thoughts: A Smart Investment for a Changing Market

Installing EV charging stations is more than a sustainability move—it’s a business decision that pays off.

For warehouses, it supports fleet electrification and provides a key employee benefit.
For office buildings, it increases tenant appeal and helps companies meet ESG goals.
For hospitals, it provides a much-needed service for employees, patients, and visitors.

With EV adoption surging and charging demand increasing, now is the time for businesses to take action. Whether you’re looking to attract tenants, future-proof your facility, or simply offer a valuable service, EV chargers are a smart investment for the future.

 

Looking to explore EV charging for your facility? Let’s talk.