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Gas or Electric? Your Residents Already Know the Answer.

  • Diana Cwick
  • May 5
  • 2 min read

The Charging Gap at Multifamily Properties

More people are choosing apartment living than ever before, and they shouldn't have to give up the ability to fuel their vehicle at home just because they rent instead of own. EV drivers in a house with a garage plug in overnight and spend a fraction of what gas costs per mile. Residents at apartments, condos, and rental communities deserve the same convenience, but they don't have that option unless their property provides it. Without on-site charging, those residents are stuck using public stations that can cost significantly more. The convenience disappears. The savings shrink. And they start looking at properties that solve the problem for them. The number of EV drivers at your building is growing whether you see it or not. Most of them are not asking for charging. They are just quietly weighing their options at lease renewal time.


The Cost Comparison Is Getting Louder

Your residents are comparing the cost of driving electric versus gas every single time they fill up. People who have access to EV charging where they live are saving real money. The ones who don't are noticing. That comparison is not going away. It is only getting louder as more residents make the switch to electric and realize how much less it costs to charge than to fill a gas tank.



Why Level 2 Charging Is the Right Fit

Level 2 chargers are the standard for residential and workplace charging. They're not the massive highway fast chargers you see on road trips. They're the kind that fit naturally into a parking garage or surface lot and let residents charge overnight while they sleep. They're less expensive to install, easier on the building's electrical system, and better for vehicle battery health over time. For a property owner, Level 2 is the sweet spot. It delivers the amenity residents want without the complexity and cost of fast charging infrastructure.


What Property Owners Are Leaving on the Table

Properties without EV charging are missing on multiple fronts. Resident retention suffers when EV drivers find a competitor that offers what you do not. Property value takes a hit when institutional buyers and lenders factor EV readiness into their underwriting. And the regulatory landscape is shifting fast,

with more states adopting EV ready building codes every year. The flip side is that properties with charging in place are attracting residents, strengthening lease renewals, and staying ahead of requirements before they become mandates.


Technician installing REVS Level 2 EV charger at multifamily property

REVS Makes It Simple

REVS provides a no-cost option for multifamily properties to bring Level 2 EV charging on site without tapping into replacement reserves, escrow accounts, or operating cash flow. For apartment owners, it is one of the most cost-efficient ways to add a high-demand amenity for residents while also getting the property's electrical infrastructure upgraded at the same time.


No upfront cost. No operational burden. We handle site evaluation, design, permitting, installation, and ongoing management so your team doesn't have to.


Your residents are already comparing gas versus electric. The only question is whether your property is part of the answer.


Schedule a free site assessment at refuelevs.com/contact or call us at (833) 738-7382.


 
 
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