We recently hosted a webinar with Tasso Eracles, President of Smart EV. The webinar provided valuable insights into the growing need for EV (electric vehicle) infrastructure in residential communities, highlighting the rapid adoption of electric vehicles and the importance of preparing for this shift. Attendees learned about the different types of EV charging systems available, the benefits of SmartEV’s Evolution System, and practical considerations for implementing these solutions in their condominium complexes.

Who are Smart EV?

Smart EV is a client service-focused group of professionals with over 40 years of experience in the new development and the property management industry. Their team has a proven track record of delivering innovative solutions to complex issues faced by developers, property managers, and condominium/HOA/strata boards. Now, they are bringing their expertise to electric vehicle charging systems for residential communities.

Smart EV Systems is the result of years of development, planning, and execution. Residential communities no longer have to bear the substantial costs of installing the necessary infrastructure for EV charging solutions.

With their “Charging Made Simple” approach, they offer low-cost monthly rental options with NO COST to the condominium/HOA/strata.

Overview of EV Adoption and Infrastructure

Tasso highlighted the rapid growth of EV adoption and the significant investments in EV infrastructure. Electric vehicle adoption is accelerating, with substantial growth expected in the years to come. For instance, 18% of all cars sold in Canada in Q4 2024 were either EVs or hybrids. This trend is projected to continue, with estimates indicating that 30% of cars will be EVs or hybrids by the end of 2027.

Types of EV Charging Systems

Tasso explained the two main types of EV charging systems suitable for condominiums:

1. Network Smart Charging Stations: These systems have the software embedded in the charging stations themselves and communicate via the internet. They manage power distribution and ensure that the transformer capacity is not exceeded. However, they require internet connectivity and can be more expensive due to the need for compatible charging stations.
2. Smart Panel Charging Systems: These systems have the software embedded in the electrical panel, allowing any type of charger to be used. They are future-proof, as they can adapt to new technologies without needing to replace the entire system. They also do not require internet connectivity for operation.

Benefits of Smart EV’s Evolution System

Tasso highlighted the advantages of Smart EV’s Evolution System, which is designed and built in Canada. This system offers real-time monitoring of transformer capacity, scalability, and the ability to accommodate any EV model. It also provides a rental program for owners, making it accessible without significant upfront costs.

Implementation and Cost Considerations

Tasso covered the practical aspects of implementing EV charging solutions in condominiums. He discussed the importance of understanding transformer capacity, current demand, and the need for scalable systems. Tasso also provided a detailed cost breakdown and emphasized that SmartEV’s model involves no upfront costs for the condominium corporation.

Insurance and Safety

The webinar addressed concerns about EV fires and insurance coverage. It was explained that while EV fires are statistically less likely to occur compared to fires from internal combustion vehicles, they can be more severe when they do happen. Proper installation and ongoing monitoring were emphasized as essential measures to mitigate these risks and ensure safety.

Q&A Session

Q1: What will the cost be to the building and who pays for it?

A: The cost averages around $5,000 per spot. With the turnkey solution, it costs the condominium corporation nothing upfront. If buying, the cost is around $5,000 per spot, and the board decides who pays.

Q2: Is a communal charging system available for row houses? Can there be a number of stations for residents likely outside?

A: Yes, communal charging systems are available. Options include credit card-operated stations, Tesla business applications, and upcoming software updates for communal use. The choice depends on the specific needs and setup of the community.

Q3: Is it possible that someone can enter an ungated lot and use the power?

A: Communal stations need control mechanisms like credit card systems or account-based access to prevent unauthorized use. Without these controls, anyone can use the power.

Q4: Is Alberta requiring something similar to BC’s EV charging requirements, and does your company operate in BC?

A: Alberta does not currently have similar requirements, but it is likely to come. The company operates in BC and follows the local regulations, including rebates and studies.

Q5: What is the commitment term of the turnkey solution?

A: The commitment term for the condominium corporation is 10 years, allowing amortization of costs and accommodating future panel installations.

Q6: Where does the power come from, and how is it connected to the utilities?

A: The power comes from the building transformer. The system connects to the transformer, and a power shutdown is required for initial installation. The system tracks electricity usage and reimburses the condominium corporation.

Q7: What if the charging station is in the individual units?

A: Charging stations are installed in individual parking spots, and owners can control the power via an app.

Q8: Is there a way to prevent users from using the 120-volt plugs to slow-charge their cars?

A: Disconnecting the 120-volt plugs in the garage can prevent slow charging.

Conclusion

The webinar provided a comprehensive guide to understanding and implementing EV charging solutions in condominium properties. It provided valuable insights into the current state and future of EV adoption, the types of charging systems available, and the practical considerations for property managers and condominium boards.

For a copy of the slide deck used in the presentation, download below.

For a copy of the brochures and flyers featured in the presentation, download below.

Further Resources:

• Smart EV Systems – https://www.smartevsystems.com/
• A copy of Smart EV’s slide deck presentation can be found here: Smart EV Presentation Slide Deck
• Current Evolute Brochure
• Evolute Features Benefits
• Owner Flyer
• Register for future webinars: https://magnumyork.com/webinar/
• Webinar Recap: Understanding Bylaws and Navigating Tenant and Owner Challenges with SVR Lawyers