TPI EFFICIENCY ELECTRICAL SOLUTIONS
Turnkey EV Charging Solutions for Your Business
Please fill out the form below, and our team will contact you to get started on a project quote for your EV Charging needs!
EV CHARGING: WHY ACT NOW?
The EV Industry is Booming
- Over 1.5 million electric vehicles (EVs) are already on the roads, and this number is rapidly growing. In November 2023, the EIA reported that 17% of new car purchases in the US were EVs or hybrids.
- Improving charging infrastructure is crucial for maintaining EV adoption in areas where people live, work, and play.
Hotspots for Growth
- The at-work and on-the-go EV charging segments are potentially the fastest-growing through 2030.
- Industry reports project the Electric Vehicle Charging Station Market to be worth $76.9 Billion by 2027, registering a CAGR of 45.0% from 2022 to 2027.
Charge Point Expansion
- According to a PwC analysis, the number of charge points in the US is forecast to rise from about 4 million to 35 million by 2030.
- Single-unit and multi-unit residential segments are expected to account for about 80% of all charge points (22 million and 6 million, respectively) by 2030.
- This growth compares to around 3 million EVs in 2022 (3% of all new car sales, or about 1% of the total car population).
Explosive Growth Projected
- According to PwC, the US electric vehicle charging market could grow nearly tenfold by 2030.
- The number of charge points in the US is expected to increase from around 4 million today to an estimated 35 million by 2030.
- The electric vehicle supply equipment (EVSE) market could expand from $7 billion today to $100 billion by 2040, growing at a 15% compound annual growth rate.
- The number of EVs in the US is estimated to reach 27 million by 2030 and 92 million by 2040.
Shifting Charging Needs
The fastest-growing charging segment is expected to be the at-work segment, set to grow from nearly zero percent of the market to about 17% (or about 6 million charge points) by 2030.
Apartment buildings (multi-unit residential) are forecast to be another fast-growing segment, rising from nearly nil to about 15% of the market in 2025 and 17% in 2030.
This growth will likely have important implications for companies, engineering firms, and construction firms, which may need to incorporate charging points into the design of new buildings (e.g., in parking lots or garages) or retrofit existing infrastructure.
Understanding
The EV Charging Process
Because EVs do not operate on gasoline, the Environmental Protection Agency (EPA) rates them differently than traditional gas-powered vehicles. Rather than being assessed at miles per gallon, the battery-operated EV is ordered by kilowatt-hours (kWh) it takes for the car to drive 100 miles.
To replenish its batteries, an electric vehicle must be able to plug into electric vehicle supply equipment (EVSE), also commonly referred to as a charging station or electric recharging point. Unlike traditional vehicles, when an EV approaches “empty,” you can’t simply pull into the nearest gas station and refuel in under five minutes. Electric vehicles require a specialized charger and sufficient time to replenish their batteries.
Before purchasing an EV, drivers must evaluate their commute and typical driving distances against the particular model’s battery capacity.
For example, suppose a driver’s daily round-trip commute registers 125 miles, but their EV battery covers just a 150-mile radius. In that case, this mileage window may prove risky, especially considering that EV charging stations like gas stations aren’t readily available at every corner.
The good news is that charging networks are continually expanding. To help motorists navigate their next charge more efficiently, several apps are available that offer convenient maps highlighting every charging station across North America.
Assess
YOUR UTILITY CAPACITY
Before installing EVSE or modifying your electrical system, you must check with your utility company and engage a licensed electrician to complete an assessment. Hence, you are aware of your options.
Be sure to speak with someone knowledgeable on power consumption, as existing electric circuits may need to be updated to support higher-level charging stations.
Consider
LINKING SOLAR, STORAGE, AND EV TECHNOLOGIES.
As new distributed energy resource (DER) technologies and capabilities continue to create opportunities for a net-zero energy future, some EV drivers opt to recharge their rides with solar. By charging your electric vehicle with your solar panels, you can offset the cost of grid power while reducing your carbon footprint on the environment.
In addition, many solar installation costs can be claimed in federal tax credits. Additional benefits can be realized when a storage system is incorporated. This option enables excess energy generated by the solar panels to be held in reserve and used to power loads in the home and the EV charger at night. Still, it also allows homeowners to leverage solar use during utility power outages. Federal and state-level incentives also exist for solar/storage deployments.
As the EV market magnifies and matures, experts predict that electric vehicles will ultimately be utilized as a distributed energy resource (DER) — turning the batteries-on-wheels into a mini-grid/power station.
EV Choices
CHOOSE YOUR CHARGING SYSTEM
While nearly every electric vehicle comes with a basic portable cord set that can be plugged into a standard wall socket, many EV owners opt to upgrade to a faster charging station for home use. Just as electric vehicles continue to be developed and improved, so do home-based charging systems, with current models available in various shapes, sizes, and price points.
Before purchasing any EVSE, consult your vehicle’s manufacturer to review potential equipment requirements or specifications.
Drivers can use either a Level 1 or Level 2 device for residential charging. Delivering electricity through a standard 120 V AC plug, Level 1 devices add anywhere from 2 to 8 miles of range to a vehicle per hour of charging time. While this charger type does not require equipment other than an outlet, a dedicated branch circuit is needed.
Charging with Level 2 EVSE is significantly faster than a Level 1 device — adding approximately 10 to 60 miles of range to a vehicle per hour of charging time — but it requires more expensive special equipment to install. Because the Level 2 charger delivers electricity through a 240 V AC plug, it requires a dedicated electrical circuit of 20 to 100 amps. While most Level 2 chargers are 7.7 kW, which requires 40 A charging, some models vary.
Check with your utility company about rebate options, as many offer considerable savings toward the EVSE or the total installation cost.
Three Types of EVs
Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV) , and Hybrid Electric Vehicle (HEV).
Only BEVs and PHEVs can be charged by an external electric charger.
EV Choices
Battery Electric Vehicles
Battery Electric Vehicles (BEVs) are propelled by a battery-powered electric motor that relies exclusively on an external electrical source for charging and recharging. Battery sizes range from 30 kWh up to as much as 95 kWh for high-performance vehicles.
EV Choices
Plug-in Hybrids
Plug-in Hybrids (PHEVs) include both an internal combustion engine and an electric motor, enabling them to switch between the battery and fuel sources such as gasoline or diesel. Battery size is usually between 6-15 kWh.
EV Choices
Hybrids
Hybrids (HEVs) include both a gas-powered engine and an electric motor, but all energy for the battery is generated through regenerative braking. Typical hybrids cannot plug into the grid to recharge.
Please fill out the form below, and our team will contact you to get started on a project quote for your EV Charging needs!
SOLVING FUTURE CHALLENGES TODAY
WE’RE OBSESSED WITH DELIVERING ENERGY SOLUTIONS AND SUPPORTING OUR CLIENTS
Sustainability Consulting
From strategy to execution, we're here to drive your sustainability goals forward. Our comprehensive approach is already helping hundreds of organizations to plan, optimize, and effectively decarbonize strategically.
Water Savings Solutions
Is your business paying too much for water and sewer costs? TPI Efficiency has an innovative new solution that can help you save 10-30% on your monthly water bills with a quick payback period – the Smart Valve™.
Power Conditioning
Powerhouse is a patented electrical control system that recycles a facility's otherwise wasted power. It stores and uses it to balance and optimize voltage throughout the system, reducing demand levels and total power consumption.
We're Energy and Electrical Experts So You Don't Have To Be.
TPI Efficiency knows that most people have many job responsibilities, leaving little time to master the complexity of multiple utility bills across their organization.
With our vendor-neutral team of consultants, we will analyze your projects via an independent audit process and provide proposals for significant energy savings across your business.
"We have been working with TPI for a number of years, and the reason for that is because of the exceptional and exemplary service that we have received. They know the industry, market, and how to make all those moving parts work in just the right way for us to get competitive numbers."
"Since we engaged TPI, they have been extremely diligent in ensuring that our best interests are being sought after. Additionally, they have represented us aggressively to find us savings in a variety of areas. They are very proactive, but also quick to respond, as questions arise. I highly recommend TPI, without question."
"I'm a Sr. Accounting Manager and Business Analyst working for a poultry processor located in the Shenandoah Valley of VA. Our company has used the services of TPI for several years. TPI has provided me personally with the absolute best customer service of any vendor I have ever dealt with in my 20+ year career. They have saved us money, brought forwards several cost savings Projects and served as an advocate and liaison with our energy companies/vendors we use. They have shown themselves to be reliable and accessible around the clock. If you need any assistance in dealing with problems and opportunities in the Energy field, you should do yourself a favor and get in touch with these guys."
TPI is Your Vendor-Neutral Partner
A vendor-neutral approach allows your TPI Energy Consultant to sit at the table as a trusted partner and assist you in making the best decision for your business.
ELECTRICITY PROCUREMENT
Whether investigating potential savings or mitigating rising costs, TPI helps you find the supplier and contract to fit your needs.
NATURAL GAS PROCUREMENT
We monitor the dynamic and ever-changing natural gas market and advises your business on the best product, terms, price, and time to buy to maximize your purchasing strategy.
ENERGY MANAGEMENT SERVICES
TPI consultants will review your spend and give you options to optimize your facilities’ energy consumption.
LED LIGHTING
A short description of the service and how the visitor will benefit from it.
TPI Services:
Energy Commodity Solutions
· Managed Contract Negotiation
· Cost/Risk Management
· Utility Bill Audits
· Rebates and Rider Exemptions
· Capacity Tag Management
· Demand Response Solutions
Renewable Energy
· Solar, Wind and Hydro Options
· Green E-RECs
· VPPA Development
Sustainability Planning
· Strategic Planning and Advising
· Scope 1 and 2 Emissions Strategies
· Renewable and Low-Carbon Solutions
· ASHRAE Level Assessments
Building Management Solutions
· Energy Monitoring
· Building Envelope
· HVAC Systems
· Ventilation Systems
· Water Systems
Electrical Solutions
· LED Lighting
· Power Quality
· Power Surge Control
· Meter Aggregation
· Transformers/Substations
· EV Charging
Project Funding Support
· $0 Down and Pay-as-you-go Financing Options
· Equipment Leases/Consignment
· On-Bill Funding
· Grant Writing
· Return on Investment Analysis
· Rebate Processing
Please fill out the form below, and our team will contact you to get started on a project quote for your EV Charging needs!
