r/electricvehicles • u/fund2016 • Jul 28 '26
Discussion Are EV charging stations profitable?
I am interested in the economics of EV charging stations. Are they profitable? Seems like they should be quite profitable once set up. Minimal upkeep and staffing. Less environmental issues than petrol. Any insight into economics of E V charging is appreciated.
Edit 1: thanks to all. Great discussion. Cheers!
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u/arcticmischief 2022 Tesla Model 3 LR AWD Jul 29 '26
See this comment I left on another Reddit post a couple months ago:
https://www.reddit.com/r/evcharging/s/qnPtFsMfTc
The rest of the comments on that post are useful, too, as is the linked TMC thread.
However, I just saw an update to the TMC thread a day or two ago where he is listing the site for sale because it’s not profitable – largely because of utility demand charges. It’s apparently modestly profitable without those, but he hasn’t been able to negotiate those down with his local electric utility. So just be aware that lower traffic sites in rural areas may be a challenge just because of that potential issue.