13 months. It doesn't take long for a hotel to reach payback on an EV charging investment with ChargeNode. After completion of the refund period, the hotel has a new revenue stream that literally draws in money while the guest sleeps.
Once upon a time, a charging point in a hotels was nice gesture towards the guest. Today it is a competitive advantage, and soon — a prerequisite for being able to get guests at all. But above all, electric car charging is now a new opportunity for additional sales.
The number of electric cars and rechargeable cars continues to grow. In November, two out of three newly registered passenger cars were rechargeable -- either pure electric cars or hybrids -- according to statistics from the trade association The Power Circle. A total of 21,016 new passenger cars were registered, of which about 8,500 were electric cars and just over 5,000 were plug-in hybrids.
Sweden now has over 740,000 rechargeable vehicles, and the forecast points towards approaching one million in 2025. The trend is clear: the share of electric cars reached its highest level of the year in November, showing that electrification is continuing at a rapid pace.
More rechargeable vehicles mean an increased demand for charging that affects the whole of society — municipalities, property owners and companies alike. An interesting area is destinations in the hospitality industry. Hotels, spas and major leisure facilities that become travel destinations.
We can be pretty sure that it is capital-strong individuals who dominate new-car sales. The same customer segment that also has the resources to consume travel, accommodation and restaurant experiences. This group wants to load.
We at ChargeNode are partners of many players in the hospitality industry and have a great track record of installing and operating destination charging. When we analyzed data from hundreds of different installations, we have come up with figures where hotel properties show excellent profitability for charging infrastructure.
A 100-room hotel that installs 20 charging points for an investment of SEK 400,000 pays off its investment in 13 months. After that, you have a new source of income of 30 000 SEK per month. Charging points at hotel properties have a high utilization rate. A whopping 600 kWh per outlet per month.
Are you a destination or hotel with plans to invest in charging infrastructure? Wisely thought. Contact us at ChargeNode to find out more or ask us to count on your project.
Charge Node Europe AB
Neongatan 4B
431 53 Molndal
