How utilities and energy suppliers can expand into EV charging

Over the past few years, utilities and energy firms have been searching for a way to incorporate EV charging. Earlier this year, Shell was the latest, gobbling up EV charging station network provider Volta.

The common goal is to deliver EV charging on a mass scale, to transform gas/petrol stations into charging platforms and become an e-mobility service provider, or EMSP. These organizations are not only supplying electricity to drivers at service stations, but they’re also providing the power to office parks, shopping centers, and homes. Today, they often have direct-to-consumer relationships as well via loyalty programs.

Yet is buying up charging stations the key to delivering widespread EV charging?

The hardware is part of the challenge as you seek to effectively transition business models and operations. But the transition to an e-mobility company is more than a one-for-one exchange.

You can’t just swap out pumps for power cords. It’s time to re-consider the model, and to think about what else needs to change as your business changes.

Capacity is a big challenge. Electrical grids the world over are being tested—can they handle increased demand from EV charging, at the right speeds, without overloading the system or dramatically increasing costs?

Customer needs can vary widely. Utilities provide power to a wide range of customers, from office parks and retail complexes, to apartment and residential properties, to campuses and institutions. Providing a comprehensive EV charging management solution to different use cases demands flexibility.

There is one e-mobility operations platform that is already driving one of the world’s most forward-looking energy companies toward EV charging: Daloop.

Iberia’s largest energy provider, Galp, took a visionary approach to EV charging and acquired the innovative technology that is today’s Daloop in 2019. Together, Daloop and Galp, which was recently named the most sustainable company in its industry on the Dow Jones Sustainability Indices, are delivering on the promise of a more sustainable future.

Daloop is the complete EV charging management platform for utilities and energy providers. With the tools and insights to implement e-mobility and decarbonization solutions today, you can quickly launch, operate and expand your EV charging infrastructure.

Daloop offers smart energy management in the cloud, managing alerts and alarms, load balancing, tariffs, user access, and billing and invoicing. With a flexible, future-proofed mobility platform, you can optimize energy usage and monetize emerging business models.

Daloop’s white-label solutions support and expand your brand and provide mobile apps and localization for varying business models and markets. You can create credibility with your end users without incurring the costs and time to build out a new, sophisticated technology foundation.

Energy companies are jockeying to set up a new business as they try to launch, operate, and expand an EV charging offering. With Daloop, they could effectively transition their business models and operation more quickly, with less risk.

Let’s talk about how Daloop can work for you.

How to deploy low-cost smart EV charging with Daloop

By Jane Hoffer, CEO of Daloop

As adoption of electric vehicles continues to rise, there is one fundamental truth: EVs must be charged. But how can you weigh the value of your limited budget and finite number of parking spaces against the need to provide EV chargers?

The one thing you don’t want to do is over-invest and put tens or hundreds of thousands of dollars worth of commercial charging station equipment in place to cover every single parking spot.

First off, charging equipment is expensive. Depending where you are in the world, the absolute minimum cost for a public charger – equipment only – can be as low as $500 per socket, but you also need to take into account the installation costs of cables, circuit boards and civil engineering. Installing 10 charging stations would probably cost you no less than $40,000, and that doesn’t include any fast chargers, which start at around $12,000 – with ultrafast hardware units going up to $50,000 – and installation coming in at around $5,000.

Secondly, EVs will have different charging demands based on their use. Most vehicles simply don’t need to be fast-charged at the last minute. For example, think of the most common use cases: an apartment complex, hospitals, universities, or transport hubs. Drivers can leave the vehicle to be charged overnight or during long-term stays—charging options that are less expensive.

Daloop’s low-cost, low-power solution

But what if you could use an off-the-shelf hardware that would create smart charging devices that bridge any parking spot and EVs with cloud-based management software?A low-cost smart device (as low as $50 per connection) could connect to standard electric outlets for charging EVs at low power, turning a basic connection into a charging station.

This kind of smart device also offers the most critical bells and whistles you need to manage a charging environment without the added hardware and infrastructure costs:

• remote on/off control
• consumption monitoring
• a scheduling and reservations system
• invoicing and reimbursement management

It’s also configurable, giving you options to offer EV charging in other ways:

• As a home-charging solution for employee fleets, able to differentiate between work and private usage and manage transactions and payments accordingly;
• To charge other electric vehicles such as e-bikes or scooters, tracking their associated consumption and costs; and for
Connecting older, non-smart charging devices to the cloud to provide some measure of control and consumption monitoring and reporting without the huge investment of upgrading existing hardware.

Want to learn more? Just ask.


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