Thread: 2019 Chevy BOLT
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Old 04-11-2024, 02:00 PM   #33 (permalink)
redpoint5
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Quote:
Originally Posted by aerohead View Post
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3) After that, the hardware will require $ 19,565 at some 'interval' in order to keep that port in service ( we don't know this time interval ).
4) Three-years is currently the repayment interval for a solar farm or wind turbine. I so for an EV charging port, then ElectrifyAmerica is grossing $50,000/year/port, will break even @ 36-months, then begin returning a 'profit' in the 37th month, selling at $ 0.42/kWh for EA phone APP members ( $0.64-kWh for 'non-members'.
$20k might include demand and electricity costs?

A charger needs to gross more than $50k to break even given that demand and electricity costs need to be accounted for, and maintenance, and interest on the construction loan, and repaying the principal amount.

Assuming your $50k gross figure, and assuming an average of 50 kW rate of charge, that's 2000 hours of charging that needs to occur for each and every charger. That's about 6 hours of utilization each and every day, which represents a 25% utilization rate. The figures I've seen said it needs to be a 33% or more utilization rate to break even, especially for the faster chargers.

Gas pumps need something like 5% utilization rate to break even.
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