We borrow spare electrical capacity from buildings to power EV chargers at the curb by running a shallow conduit from your electrical panel to the charger, a process that takes about two days. We install a revenue-grade sub-meter at each charger, so any electricity used by our charger is accounted for separately and paid directly by itselectric to the utility.
2
What’s my role?
Not much! We’ll need permission to inspect your building’s electrical panel and then you’ll sign the city’s permits and our basic terms of use agreement. Past that, we manage – at no cost to you – all installation work, operations, maintenance, repairs, and customer service.
3
You said passive income?
Yes, you’ll receive a completely passive income stream for allowing us to use your spare electricity. No reason to curb your enthusiasm here.
4
Sign me up!
Welcome to the electric revolution! Join the waitlist. Once you sign up, you’ll be placed on our waitlist. After your city approves itselectric as an EV charging partner, we’ll reach out and start the process of installing a charger.
5
Just curbs? What about if I have a parking lot?
While curbs are our sweet spot, they work just as seamlessly in a property partner’s adjacent lot.
6
Is a permit required?
Yes, but don’t worry, we take care of that! We work with each city to ensure permits and permissions are in place for your building
7
Do I have to pay for the charger installation or maintenance?
Nope! No need to worry, that’s on us.
All maintenance and repair work is done by itselectric. Customer support is also available through our app. As part of the onboarding process, itselectric provides information on how to handle common issues, but property partners are under no obligation to conduct any customer service, maintenance, or repair activities.
8
What are the unit specifications?
Each unit is a Level 2 single phase charger, with 240V, 40A circuit and a 7.6 kW charging capacity (with the ability to run higher)
9
Am I liable for accidents with the charger?
No. We are fully licensed and insured, and our chargers are UL, FCC, (and energy star) certified. Safety is a top priority.
10
Do I have to pay for the electricity that EV drivers use?
Nope! While technically your building’s spare electrical capacity is being used to charge EVs, there is a separate electricity sub-meter that we install with the charger that keeps those charges separate from your main electricity bill. itselectric pays that submeter bill directly, so you don’t need to worry about any added electrical costs each month. For property partners that have demand-based utility rates, itselectric will pay for the additional demand rates on top of the base rate ($/kWh) as well as any monthly demand service charges ($/additional kw capacity).
11
How much will I get paid once the charger is installed?
This depends on your city’s electrical rates and how much use the charger gets from EVs that park there to charge. But by our estimates, each charger can earn passive income that ranges between $800 and $3,400 per year. As more EVs hit the road and need to charge, that amount will keep on increasing.
12
What if I no longer want the charger in a few years?
No problem! We can set up a remote electrical disconnect and then a one-day post removal.
13
Tell me the details on a typical installation.
Work takes two days from start to finish; interior to exterior. The duration of the interior work is determined by where the building’s electrical panel is in relation to the chargers, which determines the extent of interior electrical distribution work.
On the outside, for curbs or parking lots, the exterior subgrade work involves a shallow saw cut or directional bore to run the conduit. We can accommodate runs up to 200’. The remaining work then consists of setting the subgrade components, installing the charger body, and restoring any surface distruption (concrete, masonry, or stone). Due to these factors, we generally site the chargers in parking spaces as close to the building’s electrical room as possible. itselectric is responsible for all costs which includes hardware, electrical, and installation work.
14
Is it OK if my electrical panel is outside?
No problem. We can accommodate either interior or exterior electrical panels.
15
How do I know if I have enough electrical capacity to power a charger?
One of our first tasks is to schedule a walk-through with you and an electrician to determine whether there’s enough capacity, and we take it from there!
16
How will I know how the chargers are performing?
Property partners can access an online dashboard so there’s no question of how the chargers are performing. Data includes utilization rate, individual charging session data, aggregate charging data over time, carbon reduction impact, and charger uptime.
17
Can I control the hours the charger is available?
No. By agreeing to install chargers in your parking lot, you agree to dedicate the spaces to EV charging and to keep the location open to public access at all hours, year-round. This is a good thing! More charging and encouraging overnight charging is a win for you, the grid, and the environment.
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