Multifamily Property EV Charger Rebate
Get Up to $7,500 for Installing Overnight EV Charging for Resident Use
Bring More Residents Home with EV Charging
As the number of electric vehicle drivers in Michigan goes up each year, so does the demand for 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 get a rebate up to $7,500.
APPLY FOR REBATE
By Offering Convenient Overnight EV Charging You Can:
Attract new residents and retain existing ones
81% of EV buyers report that being able to charge at home is very important. When you install 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 EV charging helps your property stand out 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 rise in Michigan and across the U.S., properties with overnight EV charging as an amenity will stand out from the rest.
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. Scalable (prorated) rebates are available for participants who install more or less than 100 amps of service.
Most common examples of prorated rebates include:
- Two Level 2 charge ports installed on 100 amps of service (50 amps per charge port) for a $7500 rebate. Each additional 50 amp Level 2 charge port would receive a rebate of $3750.
- Two Level 2 charge ports installed on 80 amps of service (40 amps per charge port) for a $6000 scaled rebate. Each additional 40 amp Level 2 charge port would receive a rebate of $3000.
- Two power-shared Level 2 charge ports installed on 100 amps of service for a $7500 rebate. In this example only, power delivery of greater than 50 amps to a single EV would be acceptable.
Level 2 chargers must not exceed 50 amps or 9.6kW of power per charge port.
There is no rebate cap per property, but the availability of rebate funding may be limited by Consumers Energy.
We require a separate meter enrolled on our commercial Time of Use electric rate plan (GSTU) to encourage off-peak charging when the cost of electricity and demand on the grid is lowest. Check out an overview of the GSTU Rate Plan.
For the first year chargers are in operation, you will receive a $20/month bill credit when at least 80% of charger use avoids the on-peak time of 2 p.m.- 7 p.m. on weekdays.
We will provide signage for dedicated parking spaces per charge port installed once a project is completed. Signage is designed to encourage 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.
