The proposal from the city is aimed at speeding up the installation of EV charging stations as interest increases and to encourage more people to buy the vehicles.
“If the policy is implemented with the proposed gas station and park lots annual fee of $10,000, there would be an incentive to invest in EV charging to avoid the higher annual licence fee with a payback period of seven to eight years,” the proposal said.
Currently, the cost of a business license is $263 for a gas station and $163 for a parking lot. Businesses would have to make charging stations available in 2025 to avoid the increased fee. Parking lots with less than 60 stalls would be exempt under the policy.
A gas station would have to provide 50 kilowatts of charging power, which is enough for one DC fast charger. Parking lots would have to provide at least 26.6 kilowatts — enough for four Level 2 chargers.