So if the price of power to the charger is $ 0.20 per kwhr, the price of power for 50 kwhr would be $10. I guess he’ll have to charge quite a bit more to make a profit. 
“For BP, car chargers to overtake pumps in profitability race”
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Power for commercial use can be quite cheap per kWh, but there is also a charge for "demand" -- the highest kW drawn during a 5 minute period at any time during the month. A demand of 300 kW would be a big bill, likely more than the kWh based charges. So it would behoove the owner to keep the thing as busy as possible.
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The problem is that "off peak" moves if you shift load. Enough EV charging could create a new peak, for which rates would then rise.
I'd like a deeper dive into the numbers.
I have 200 amp service at my house but average consumption is 390-700kwh/month
but for the sake of numbers
One fast charger could use more power than 100 houses(not counting home charging)..
and if you have a couple hundred of these going along with home charging an electric vehicle that could easily use more power monthly than everything else in your house combined....
Skeptical of us being ready for electric charging.. when you are talking millions? of cars a year coming onboard.
That 300 kW charger bills at the higher of $0.60/kWh or $0.35/min so the summary on the screen would have translated to $17 or $14, hence the bill was $17.So if the price of power to the charger is $ 0.20 per kwhr, the price of power for 50 kwhr would be $10. I guess he’ll have to charge quite a bit more to make a profit.
The lowest charge rate that will fall into the per-kWh billing category is 35 kW, no doubt intended to avoid overcharging older EVs, most of which can barely manage that as an average rate.
The nearby 50 kW chargers bill at an equally-confusing $0.25/kWk + $0.25/min. The bill there would have been about the same.
In the end driving an EV only consumes a certain amount of energy per mile. Having higher charging capacity or more chargers available doesn't alter that.
I could see that being profitable.
Ultimately the price ought to be simplified to a single number that can be put on a sign, so consumers can shop by price. Of course it's better for business when consumers don't shop by price.
Does the per-minute cost mean that you have to come back and unplug your car right when it is full to stop the per-minute?
Ultimately the price ought to be simplified to a single number that can be put on a sign, so consumers can shop by price. Of course it's better for business when consumers don't shop by price.
Does the per-minute cost mean that you have to come back and unplug your car right when it is full to stop the per-minute?
Yes, there are idle fees. Otherwise people would use them as parking spots. This is true at employee subsidized charging all over Silicon Valley.
Ideally, yes, however almost all our (NZ) national charging infrastructure is managed and mostly owned by only one private company, thankfully one with a conscience. Certainly in the long term competition will be essential.
Given the cost of the 2 x 300kW units I think it will be years before the installation will be paid off but use of the land is probably free. A company looking for a quick profit would run a mile from this.
None of our CCS/Chademo (meaning non-Tesla) chargers have an idle fee but I expect that will eventually change. However our Tesla Superchargers do at $1/min, or $2/min if the site is fully utilised. Tesla's energy charges are 50 to 81 cents/kWh, they vary by location.
I worked for Mobil oil and I'm perplexed by this entire thing. I cannot undersrtand how reselling electrical power will make a company more money than pumping millions of gallons of free oil per day, refining it into 300 different and often expensive products and selling those products to every company and person on Earth. The fact is, just so many people are going to charge outside of the home.
That's the bottom line. We are seeing condo complexes looking into chargers, due to owner demand.
Companies offer subsidized or even free charging, and job candidates sometimes ask about charging opportunities.
It is and will be different than ICE fueling. A key reason EV owners go back to ICE is charging difficulties.
If these difficulties are not resolved, EV acceptance will be limited to rich CA granola heads.
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Yes, but that is not what BP is saying. Their real profit is in drilling etc. Gas stations are not as big of priority as other businesses. So perhaps chargers can make more money than gas stations.
Big profit in a charging station once set up. Whatever the cost of electric is, add to it and charge the customer. Don’t have to do anything except make the charging post. From what I see they are charging a lot over cost, almost double. Then they get to depreciate the station as a business expense. All of it, the construction, every penny of the cost to build and maintain is deductible from profit.
As @Cujet pointed out, the issue is demand. If people drive less than 40 miles per day, they are not using outside charging stations.
ICE owners driving the same are fueling up once a week at the gas station.
Fast forward 5 to 10 years from now...
The need for these charging stations will be primarily along freeways for the longer trips.
ICE owners driving the same are fueling up once a week at the gas station.
Fast forward 5 to 10 years from now...
The need for these charging stations will be primarily along freeways for the longer trips.
On its surface it may seem odd, but they are already very adept at selling energy while making profit on ancillary traveler services.
They have most of the real estate in place already, they have an existing stream of traffic to tap into so the user base exists and is growing.
At the moment they can charge whenever they'd like to as a premium with little to no blowback.
Look no further than to see the premium Electrify America charges as a model even at highly undesirable remote charge location like box store parking lots.
They can negotiate far better commercial base rates that many.
At the end of the transaction the free oil has a distinct cost and thin profit.
This is simply additive to what they already do.
Or for people unable to charge at their homes.
You would be surprised at how many use public charging stations who drive less than 40 miles per day. For one thing if you have a battery with 250 range you may want to charge every day for an hour just to keep the battery near the middle or lower. I see it all the time, in fact it is hard to get a spot where there is free charging. Same guys are in it every single day if they are lucky.
UD, that's why I said 5 to 10 years from now. The demand is already driving multi-home complexes to investigate charger installation.
Of course Silicon Valley is a tech bubble, but it is also a leader for the rest of the country. It's starting.
I am curious as to what China does.
Elon started building his network as he introduced cars. It is certainly possible he has someting in the works.
Were aligned.
Elon already said he was going to open up the network.
I wonder wha kind of profit 30K charging stalls can generate?
The utilisation can be judged using plugshare.com since the status of many stations is publically available in real time.
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