The Future of EV Charging at Multifamily Properties: Why Now Is the Time to Get Ready
As electric vehicles (EVs) move from novelty to norm, multifamily properties are feeling the pressure—and opportunity—of getting EV-ready. Whether you own a portfolio of garden-style communities or manage a single mid-rise in the city, the shift toward EV charging is already reshaping tenant expectations, local regulations, and even property values.
So… what does this mean for you?
At Konjo Consulting, we’ve been working with property owners who want to stay ahead of the curve—not scramble to catch up. Here’s what you need to know about the future of EV charging and why it should be on your radar right now.
🚗 EV Adoption Is Accelerating—Fast
EV sales in the U.S. topped 1 million for the first time in 2023, and the momentum hasn’t slowed. Automakers are going all-in, states are phasing out gas car sales, and tenants are increasingly asking: “Do you have EV charging?”
By 2030, industry analysts expect 1 in 3 new cars sold in the U.S. will be electric. That means a growing portion of your residents—especially in higher-income, urban, and eco-conscious markets—will need a place to charge at home.
🏘️ Multifamily Is Playing Catch-Up
While many single-family homes are already being built with EV charging in mind, multifamily properties often lag behind. That gap creates a massive opportunity for forward-thinking owners and managers.
Providing EV charging:
Attracts and retains tenants who drive electric vehicles
Differentiates your property in competitive markets
Future-proofs your asset against regulation and retrofit costs
Supports sustainability goals and ESG initiatives
Plus, many residents would gladly pay a premium to have reliable, convenient charging at home.
💰 Incentives Make It Affordable—If You Act Fast
Federal, state, and local programs are currently offering generous rebates and tax credits for EV infrastructure. But these programs often have limited funding windows or annual caps—so early action is smart strategy. It’s changing quickly at the federal level and Konjo Consulting can help you come through the noise to find out what incentives apply to you.
Some of the available support includes:
Utility company rebates for hardware and installation
State/local grants focused on green building upgrades
At Konjo Consulting, we help clients identify and stack these incentives to make EV charging installation far more affordable than many expect.
🛠️ It’s Easier Than You Think (with the Right Plan)
Many owners worry that installing EV charging is too complex or expensive. But with the right planning, it’s completely manageable—even across older properties.
We help you:
Assess site readiness (electrical capacity, parking layout, etc.)
Choose the right equipment (Level 1, Level 2, networked or not)
Select vetted installation partners
Navigate incentives and permitting
Build a rollout plan that matches your budget and timeline
You don’t need to do it all at once—but you do need a roadmap.
🔋 EV Charging Is the New Wi-Fi
Remember when high-speed internet went from a “nice-to-have” to a non-negotiable amenity?
That’s exactly where EV charging is heading.
Within the next few years, “no charging available” could become a deal-breaker for qualified renters. By planning now, you’re not just reacting to a trend—you’re increasing your property’s competitiveness, NOI, and long-term value.
Let’s Talk EV Strategy for Your Property
If you’re curious where to start—or how to make it pencil—let’s talk. At Konjo Consulting, we offer clear, honest advice and practical EV readiness plans tailored to your property or portfolio.
👉 Book a Free Consultation
📩 Or email us at info@konjoconsulting.com
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