Paving the Way for the EV Revolution: Marquette’s Kent Reckelhoff and Industry Experts Weigh In on the Future of Multifamily EV Charging

The landscape of transportation is evolving at an unprecedented pace, with electric vehicles (EVs) leading the charge towards a cleaner, more sustainable future. As automakers shift their focus away from internal combustion engines, the demand for EV charging infrastructure is skyrocketing. In a recent Multi-Housing News article, the burgeoning importance of preparing multifamily properties for the surge in electric vehicles was discussed by Marquette’s Kent Reckelhoff and other industry experts.
 
By 2030, it’s projected that a staggering 26.4 million EVs will grace the roads of the United States. This monumental shift in the automotive landscape has profound implications for property management. The key question property owners and managers face is: How can multifamily properties accommodate this growing trend? The answer lies in proactive planning and strategic decision-making.
 
Assessing Infrastructure Readiness
 
One of the first steps in embracing the electric vehicle revolution is assessing a property’s ability to provide the necessary power for various types of EV chargers. Recognize that there is no one-size-fits-all solution. The requirements for EV chargers can vary significantly based on a property’s location, existing infrastructure, and capacity. Therefore, it is crucial to collaborate closely with local utilities and engineering consultants to determine the specific infrastructure needs before embarking on any EV charging project.
 
Choosing the Right Charger
 
An important decision property owners face is choosing between Level 1 and Level 2 chargers. While Level 2 chargers are faster, they can also be more expensive to install. Retrofitting existing properties, especially in urban areas with high EV usage rates, presents unique challenges. Grid capacity and the strategic placement of chargers must be thoughtfully considered to ensure seamless integration within the property.
 
Anticipating Demand and Future-Proofing
 
The crux of the matter is anticipating the surging demand for EV charging and being well-prepared for the impact it will have on multifamily communities. To achieve this, consider integrating EV chargers with onsite power generation and storage solutions. Additionally, when choosing charging technology, opt for options that align with anticipated future EV standards. Ultimately, the objective is to provide convenience and efficiency for residents while ensuring that the operating expenses associated with this increasingly popular amenity are covered.
 
In summary, it is abundantly clear that property owners and managers must be proactive in their approach to EV charging infrastructure. The rapid growth of electric vehicles is reshaping the landscape of property management, and those who embrace this change early on will be well-positioned to meet the burgeoning demand while also contributing to a greener, more sustainable future. The future of EV charging in multifamily properties is here, and Marquette is at the forefront of this transformative journey.