Equip your apartment building with Electric Vehicle-Ready Infrastructure through the NSW EV Ready Buildings Grant. Speak with one of our expert consultants today to see how Green Tech can help you take advantage of the EV Ready Buildings Grant.
Electric vehicles (EVs) are gaining popularity at an unprecedented rate in New South Wales (NSW). In the first half of 2023, EV purchases accounted for a remarkable 8% of all new car sales. With this surge, the demand for EV charging infrastructure has never been more critical, especially in residential areas. What's even more remarkable is that approximately 80-90% of EV owners prefer to charge their vehicles at home, whether they reside in single dwellings or apartment buildings. In a state where 15% of the population lives in apartments and nearly 84,000 strata schemes exist, the race to make apartment buildings EV-ready is in full swing.
Recognising this growing need and the incredible potential of EVs, the NSW Government has introduced a visionary co-funding initiative to retrofit existing apartment buildings, making them EV-ready. The heart of this initiative is the "NSW EV Ready Buildings Grant," offering a substantial $10 million to support eligible apartment buildings in assessing and installing EV infrastructure upgrades.
EV owners expect the ability to charge their vehicles at home, whether they live in a single-family house or an apartment complex. With 15% of the NSW population residing in apartments and almost 84,000 strata schemes across the state, the necessity to make apartment buildings EV-ready is paramount.
The NSW Government recognizes this need and has allocated $10 million through the EV Ready Buildings Grant to support the transformation of apartment buildings into EV-friendly hubs.
Investing in EV charging infrastructure within apartment buildings offers a multitude of benefits. It not only caters to the needs of current and future EV owners but also provides advantages to property owners and residents alike.
The "NSW EV Ready Buildings Grant" is designed to assist apartment buildings in their journey towards EV readiness. Here's how this grant can support you:
Identify Your Needs
Begin with a feasibility assessment to determine your building's current and future EV charging requirements.
Co-fund the retrofitting of EV charging infrastructure, including switchboards, distribution boards, and cabling, ensuring your building can meet the growing demand for EV charging.
Enable residents to easily install their own EV chargers, making it convenient for them to embrace electric vehicle technology
Applying for the grant is a straightforward process, divided into two stages of co-funding
To be eligible for the "NSW EV Ready Buildings Grant," your apartment building must meet the following criteria:
The NSW EV Ready Buildings Grant offers a unique opportunity to upgrade your apartment building with the essential infrastructure it needs to meet the growing demand for EV charging. We invite you to explore this grant further, consider the benefits it can bring to your property and residents, and take the first step towards a sustainable, EV-ready future.
The need for EV-ready infrastructure in residential areas has never been more evident. The burgeoning adoption of electric vehicles has created a demand for convenient, accessible charging options. Apartment buildings, once overlooked in the EV charging landscape, are now in the spotlight.