Revolutionizing EV Charging for Multifamily Properties: Pando Electric’s Innovative Solutions

As the adoption of electric vehicles (EVs) accelerates, the demand for convenient and reliable EV charging solutions is skyrocketing. For multifamily properties, meeting this demand is not just a matter of convenience but a necessity to attract and retain tenants. Pando Electric steps up to this challenge with its affordable, scalable, and equitable EV charging solutions tailored specifically for multifamily properties.

The Growing Need for EV Charging Solutions

With projections indicating that 50% of new vehicle sales will be electric by 2030, the need for robust residential EV charging infrastructure has never been more critical. Properties lacking this infrastructure risk becoming less desirable, impacting their attractiveness to potential and existing tenants. Pando Electric recognizes this trend and offers a powerful solution to future-proof properties and cater to the evolving needs of residents.

Pando Electric: Simple, Powerful, and Smart

Pando Electric’s EV charging solution stands out for its simplicity and efficiency. The Pando Smart EV Charging Outlet features a small footprint, easy installation, and zero ongoing maintenance, all backed by a lifetime warranty. Certified by UL and CSA, this turnkey solution qualifies for all major incentives, making it an economically viable choice for property managers.

Key benefits of the Pando Smart EV Charging Outlet include:

• Low-Cost Installation: Minimal initial investment with the lowest cost Level 2 installation and hardware.

• High Reliability: Boasts over 99% uptime, significantly higher than the industry average of 73%.

• Zero Maintenance Costs: Eliminates the steep maintenance costs associated with traditional EV chargers.

Addressing Common Challenges

Traditional EV charging solutions often come with numerous challenges, including a limited number of chargers for tenants, high maintenance costs, and unreliable performance. Pando Electric addresses these issues head-on with its advanced technology that maximizes existing electrical load capacity, allowing up to 10 times more charging without additional infrastructure upgrades. Pando Smart Outlets also can install up to 5 outlets on a single branch circuit saving properties thousands of dollars on installation costs. 

An Attractive Proposition for Asset Managers

Pando Electric’s solution is designed to be flexible and hassle-free. It enhances operating income, ensures high resident satisfaction, and is easy to install and operate. The Pando Adaptive Load Management system further optimizes building electrical loads, enabling more efficient and extensive EV charging capabilities.

Seamless Management and Billing

Pando Electric offers a comprehensive management system that simplifies the EV charging experience for both residents and property managers. The Pando Dashboard and mobile app for iOS and Android streamline the management process, including automated billing and reimbursement. This ensures that property managers can efficiently handle payments and provide a seamless charging experience to their tenants. The Pando Dashboard can also connect to most major property management software through our custom API, allowing all your information to be in one place. 

Cost Structure and Incentives

Pando Electric’s cost structure is designed to be flexible and advantageous for property owners. Options include upfront payment for a turnkey solution or a longer-term contract where Pando covers all installation and hardware costs. The solution is also eligible for various incentives, further reducing the financial burden on property managers.

The Next Steps

Implementing Pando Electric’s solution involves a straightforward process:

1. Quote: Signing a Letter of Intent to secure incentives and conducting an on-site assessment.

2. Implementation: Load calculation, design work, permitting, installation, and inspection.

3. Delivery: Setting up manager accounts, user mobile apps, and starting the charging process with automated reimbursement.

The Pando Advantage

Pando Electric is dedicated to creating a connected, smart, and sustainable living space. Their mission is to bring accessible EV charging to multifamily and commercial properties, ensuring high user satisfaction, higher occupancy rates, and minimal operational hassles. Proudly manufactured in the USA, Pando Electric’s products meet stringent safety standards, making them a reliable choice for property managers and residents alike.

By choosing Pando Electric, multifamily properties can offer a top-tier EV charging experience, attract and retain tenants, and stay ahead in the rapidly evolving landscape of electric mobility. Visit [PandoElectric.com](http://pandoelectric.com) to learn more about how Pando Electric can transform your property with cutting-edge EV charging solutions.