Case Study - Scalability
Client: Simon Fraser University, Burnaby, BC, Canada
Number of EV spaces added: 43 Plugzio enabled EV parking spaces added
Final cost of the installation with Plugzio: Less than $55,000 including a new transformer
That is less than $1,300 per space. In comparison, a Level 2 charging solution would have costed $6,600 per space, about 5 times more expensive compared with Plugzio. It is obvious that there is not enough power to feed the 43 power hungry chargers individually so the client would have to opt-in for an even more costly load-balanced level 2 solution.
What about the return on investment (ROI)?
Your ROI depends on how much you decide to surcharge the device users. Read more about the ways Plugzio platform allows you to charge for usage.
The most important step to having an effective ROI is to keep the costs low, Plugzio helps you with that in four distinct ways.
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Average Plugzio installation costs $1,300 , including a Plugzio device, which is 1/5 of the closest competitor when it comes to feature set.
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Plugzio services take no monthly fees to eat into your profits or add to your costs.
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Plugzio platform takes no commissions on transactions. You get to keep 100% of the revenue earned via our platform.
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With Plugzio you get to immediately start charging for usage so your operating cost will be net positive.