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Multifamily Property EV Charger Rebate
Get Up to $7,500 for Installing Overnight EV Charging for Renter Use
Bring More Renters Home with EV Charging
As the number of electric vehicle drivers in Michigan continues to increase each year, so does the demand for readily available overnight charging – especially at multifamily homes.
Our PowerMIDrive program makes it more cost effective to set your properties apart as EV-friendly and gain a competitive advantage in attracting and retaining EV-driving renters. When you install overnight charging for your renters, you can qualify for a rebate up to $7,500.
By Offering Convenient Overnight EV Charging You Can:
Attract new residents and retain existing ones
81% of EV buyers report that the ability to charge at home is extremely important. By installing an overnight EV charger, you can attract and retain more EV-driving renters.
Make your property stand out
Many multifamily properties are underserved when it comes to EV resources. Providing at-home, overnight charging helps your property differentiate itself with a crucial amenity people are finding in few other places.
Align with your residents’ eco-conscious values
Tenants prefer to live in environmentally friendly properties. In fact, 61% say they would pay more each month to do so.
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Be a Consumers Energy commercial electric or combo customer
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Own or have permission to install a charger at a multifamily property
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Install any UL Listed, Energy Star Certified Level 2 charger with at least two plugs or at least two (2) NEMA 14-50 outlets on 100 amps of service
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Agree to separate meter and enroll on commercial time of use (TOU) electric rate
Frequently Asked Questions
On-site charging can be the deciding factor that attracts eco-conscious EV drivers and gives them a reason to stay. And as EV adoption continues to increase in Michigan and across the U.S., properties with overnight EV charging as an amenity will stand out from the competition.
You can choose to offer chargers to visitors and tenants, or limit access to tenants only. You can also set pricing to help recover investment costs.
Participants must install a minimum of two (2) Level 2 charge ports or two (2) NEMA 14-50 outlets on 100 amps of service to qualify for the full $7,500 rebate amount.
Scalable (prorated) rebates are available for participants who install more or less than 100 amps of service.
For example, participants installing two 32-amp Level 2 charge ports will qualify for 80% of the maximum rebate amount, or $6,000 total rebate. Those that install four 40-amp Level 2 charge parts could qualify for up to $15,000 in rebates.
Any chargers that are UL Listed and Energy Star Certified qualify for participation in the Multifamily Property Charger rebate program.
There is no rebate cap per property, but the availability of rebate funding may be limited by Consumers Energy.
Participants must agree to separately meter the Level 2 charger or NEMA 14-50 outlets and enroll on a commercial time of use (TOU) rate plan to encourage overnight charging. For the first year the chargers are in operation, you may receive a $20/month bill credit when at least 80% of charger use happens outside of the “on peak” time of 2pm-7pm on week-days.
Participants must provide signage for each dedicated parking space per Level 2 charge port or outlet installed to encourage EV drivers to charge during off-peak hours and discourage vehicles that are not charging from parking in such spaces.
Full program requirements are available for review in the Multifamily Property Charging Rebate Terms & Conditions.
