Skip to Content

Electric Car Chargers at Your Rental Property: What Salt Lake City Landlords Need to Know

Electric Plugged into a Charging Station at a Salt Lake City Rental PropertyAs electric cars grow to be more standard as a choice of vehicle, the number of renters in search of rental property owners favorable to install an electric car charger in the home has also proliferated. Americans have gotten close to buying  800,000 electric vehicles over the last years, with the percentage of electric vehicles sold expanding year after year.

If a tenant pleads for agreement to install an electric car charger in your Salt Lake City rental home, there are particular things you should look over before saying yes. Exclusive of the costs caught up in the installation, resolving who should carry through the installation work and the eventual value that an electric car charger will extend to your rental property are all questions that entail thoughtfully deliberated answers.

Installing an electric car charger in your rental home to engage tenants who retain electric cars may add up pending on the place of the property. A small number of districts have an additional concentration of electric car owners than others. If you can logically contemplate that up and coming tenants will need an electric car charger in the rental home, it could most definitely be a lot acceptable to move forward and have it brought about. In these places, having an electric car charger installed may even be an attraction for a few forthcoming tenants, affording you to draw and have ideal tenants for your property in Salt Lake City.

If you arrange to install electric car chargers, it’s principal to pick out a proficient company to carry it through for you. Authorizing your tenant to tend to it may suggest a way to sidestep a concern in the short term, but specialized chargers for electric vehicles mandate professional installation and maybe a permit and inspection by local authorities. There is an increased magnitude of work and knowledge pertaining to the installation. As a consequence, such a key process should by no means be left up to a tenant to tend to.

If cost is a concern, it’s key to deliberate the entire costs of installation against the cost of losing a valuable tenant. It could understandably be more exorbitant to replace the renter than to take in their entreaty for an electric car charger with serious thought. It’s also a very good idea to look over and see whether there are any energy credits or other tax deductions obtainable for installing an electric car charger. Tax incentives like these may help compensate for the preparatory cost of installation.

As for any key decision, it’s sensible to look over the pros and cons of realizing your tenant’s imploration for an electric car charger. And you don’t have to understand it all on your own. At Real Property Management Wasatch, we have the knowledge and tools to help you to consider the case thoughtfully and produce the decision that is applicable to you. Please contact us online or call us at 801-418-9835 for further information.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.

The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

Canada excluded. Services performed by independently owned and operated franchises.

See Full Details