Benefits of EV Charging Stations: A Guide for Canadian Businesses

The true value of EV charging is its ability to attract specific, high-value people to your location. Here’s how it works for different business types.

For Retail, Restaurants, and Hospitality: Attract High-Value Customers

EV drivers are planners. They use apps like PlugShare to find their next stop. By installing a charger, you put your business on the map—literally.

• Increase Foot Traffic: You become a destination for a growing, affluent demographic. EV drivers have a higher average household income and more disposable income to spend.
• Extend Dwell Time & Spending: Charging takes time—from 45 minutes to several hours. This is time customers spend in your store, your restaurant, or using your hotel’s services. Industry studies show a direct link between longer dwell times and higher average spending per visit. To learn more, see our specific guide on EV charging for shopping malls.
• Gain a Competitive Edge: For hotels, an EV charger is now a key filter on booking sites like Expedia and Booking.com. Lacking one means you are invisible to a growing segment of travelers.

For Workplaces: Win the Race for Top Talent

In today’s competitive job market, the best perks make all the difference. Workplace charging is a powerful tool for employee attraction and retention.

• Attract Top Talent: For skilled professionals, especially in tech and management, workplace charging is a highly sought-after benefit. It shows your company is modern, forward-thinking, and cares for its employees.
• Boost Employee Satisfaction: You solve one of the biggest pain points for EV-driving employees: daily charging. This simple perk boosts morale and loyalty.
• Support Corporate Culture: It reinforces a culture of sustainability and innovation. Our complete overview of workplace charging solutions shows how easy it is to implement.

For Multifamily Properties: Attract Tenants and Reduce Vacancy

For apartment and condo dwellers, at-home charging is the number one barrier to owning an EV. By providing it, you solve their biggest problem and make your property the obvious choice.

• Become the Default Choice: A recent study showed over 70% of apartment-dwelling EV drivers would move to a building that offered charging. You gain a massive advantage over competing properties.
• Attract & Retain High-Income Tenants: You directly appeal to the desirable EV owner demographic. Once they move in, they are far less likely to leave, reducing your turnover costs and vacancy rates.
• Justify Higher Rents: EV charging is a premium amenity that tenants are willing to pay for, allowing for increased rental income. We cover this in detail in our guides for multi-family housing e apartments.