States seeking electric vehicle charging station funds can calculate job creation.With the sale of electric vehicles on the rise
model takes a holistic approach to determining economic impact on a community. The model factors in the charging station equipment, investment, operating costs and revenues for the entire energy supply chain and the related economic growth. Thetool analyzes the operations and maintenance costs of a charging station for up to 10 years.
For example, a construction worker who spends money at a restaurant creates the need for waiters and waitresses, and drivers who are shopping while their vehicles are charging create additional retail jobs.All of the money spent in the economy related to building and operating the electric vehicle charging stations produces dollar flows in the economy,” Mintz said.States seeking federal funding need to submit detailed plans to the government.
In Virginia’s plan, Level 1 is primarily for home use; Level 2 is for home and public use; and Level 3, or direct current fast charging , is strictly for public use.
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