Increase Your Home Value with EV Charger Installation
After you’ve brought an electric vehicle, you’re probably wondering if an EV charger is a good investment to add to your home. In short, that answer is yes, but if you need some explanation here’s a few ways that an EV Charger installation can bring value to your home.
Your Home Stands Out in the Community
Simply having EV chargers in the neighborhood can show a sense of environmental sensibility, so having one in your home expresses that of the home and those who live in it. Showing outsiders that you have a deep care for the environment and are doing as much as you can to help. Other countries like Canada are already requiring a new home build to have a car character outlet or rough-in in the garage since more and more car models are beginning to be hybrid or electric.
Help the Homeowner Better Reduce Their Carbon Footprint
We all know how important it is to do our part in trying to help the environment go back to the way it needs to be. And owning an electric vehicle or even a hybrid shows just how much you care to help lower your carbon footprint. Having an EV charger in your home not only makes it more convenient for you to charge your electric vehicle, but it also is cheaper in the long run because of the low residential electricity rates.
Adding an in-home EV charger can help you change or even make your day-to-day-habits be more in line with helping the planet and reducing your greenhouse gas emissions and who can say no to saving money? We think this is what they call a win-win situation.
Makes Your Home More Attractive on the Market
Many agree that the location of your home means everything, and now you don’t just get points for a zip code or the view, but the proximity to an EV charging station as well. Having an EV charger in your home can also show a sign affluence, in a sense that listings that have EV chargers tend to sell quicker and at a premium price, according to a recent study by realtor.com.
A Rebate or Tax Credit Can Allow for Other Home Additions
If you haven’t found a reason to install an EV charger yet, this one may be the cherry on top. Not only will it save you money but in some states it can give you a credit on your taxes or you may even get a rebate. With the money you get back from having one of these installed, you can make another home repair, addition or redecoration to up your home value even more!