Plugzio, owned by Parkizio Technologies Ltd, is at the forefront of modern power management, specializing in helping properties Monitor, Manager, and Monetize access to power.
Our primary market includes locations where vehicles are parked for extended periods, such as multi-unit residential complexes, educational institutions, airports, and workplaces. At Plugzio, we recognize that electric vehicle owners prioritize charging at their primary residence, leading to a reduced reliance on public EV charging stations.
We empower properties with the tools to effectively monitor, manage, and monetize their electric power usage, streamlining the EV charging process. This approach not only offers convenience but also positions Plugzio as a leading solution in property-based EV charging.
As the energy landscape evolves with advancements in solar panels and battery technology, the decentralization of power becomes increasingly significant. This shift marks a new era in energy distribution, and Plugzio is poised to lead this transformation. Our vision is to become the largest power management entity without owning a power plant, enabling individuals to efficiently control and capitalize on their power access anytime, anywhere.
Join us in shaping the future of energy management and electric vehicle charging with Plugzio.
At Plugzio, we offer a range of innovative charging solutions tailored to meet the diverse needs of electric vehicle owners and property managers.
Our product line includes:
- Plugzio Universal Plus bridges the gap between Level 1 and Level 2 charging. It supports both 120V & 240V circuits at a maximum current of 20A, offering up to 150 miles of range from a 10-hour overnight charge on a 240V 20A outlet, and up to 70 miles on a 120V outlet. This modular control box is designed to make any in-line electric device or charger smart and connected, enhancing your ability to monitor, manage, and monetize electric usage. The Plugzio Universal Plus is also outdoor rated (IP 66), ensuring durability and versatility in different settings.
- The most powerful charger in our lineup. This load-balanced EVSE can deliver up to 38 miles of range per hour to any electric vehicle. It supports an input voltage of 208 VAC to 240 VAC, with a 40A continuous load. Its technical specifications include a 16-foot charging cable, operating temperatures ranging from -22 to 131℉, and compliance with UL, FCC, and Energy Star certifications. The charger is designed with safety protections like surge protection, over temperature control, and over/under voltage protection, ensuring reliable and secure operation.
- Properties with EV chargers often experience issues with the charging cords, which are the most frequently used and externally exposed components of the chargers. These cords are susceptible to damage and wear, resulting in regular need for repairs or replacements. Such damage can stem from overuse, mishandling, or exposure to environmental elements. It's important to note that Level 2 EVSE (Electric Vehicle Supply Equipment) are essentially sophisticated electrical outlets.
- By advocating for a cordless charging approach, Plugzio shifts the responsibility of maintaining cords to the individual EV owners. This not only reduces maintenance costs for the property but also encourages residents to take better care of their personal charging cables.
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- By not providing charging cords, we significantly reduce maintenance responsibilities and costs for property owners. For instance, in Europe and Asia, where drivers bring their own cords, the upkeep and downtime of chargers are notably lower.
- Encouraging residents to use their own charging cords leads to better care and longevity of the equipment. When residents own their cords, they are more likely to handle them responsibly compared to communal cords.
- With the shift towards the NACS standard and away from the J1772 cable, cordless charging offers flexibility. Properties won't face costs associated with upgrading built-in cables or purchasing adapters; residents use their preferred cords that comply with their vehicle's standards.
- An outlet extends its utility beyond EVs. Residents can use it for charging electric bikes, scooters, or even for tasks like vacuum cleaning their cars. A private outlet in a parking space adds significant value for all residents, irrespective of EV ownership.
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- Many properties face tight budgets and limited power capacity, forcing them to install only a few chargers. Initially, this might seem sufficient.
- As the number of EV owners increases and surpasses the number of available chargers, conflicts inevitably arise. This leads to issues such as competition for charging spots, the need for strict scheduling, and the potential for dissatisfaction among residents.
- Plugzio offers a scalable and cost-effective EV charging solution, designed to maximize the number of charging stations while minimizing costs and power requirements. This approach not only alleviates the issue of limited resources but also ensures a smoother, conflict-free charging experience for residents. Plugzio's solution is tailored to be the most efficient and straightforward path for properties to adopt EV charging at scale. This eliminates competition for charging spots, reduces administrative burdens for property managers, and significantly improves resident satisfaction and convenience.
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- Shared EV chargers often lead to logistical issues and resident dissatisfaction. For example, a limited number of shared chargers can create scheduling conflicts, forcing properties to implement restrictive usage policies.
- Just as telephones transitioned from shared landlines to personal mobile phones, and laundry facilities moved from communal to in-unit, EV charging is expected to follow a similar trend towards personalization.
- The hassle of shared chargers, like moving vehicles for others or facing overuse penalties, diminishes resident satisfaction. Personal chargers eliminate these issues, offering availability and convenience.
- Shared property chargers often struggle to compete with public superchargers in terms of cost and reliability. Personal chargers at residences sidestep this competition, focusing on convenience and availability for individual residents.
Electric vehicles (EVs) are revolutionizing how we think about transportation. However, for those living in shared properties like apartment complexes, the shift to EVs presents unique challenges, particularly in terms of charging infrastructure. In this blog post, we argue that the focus for EV charging in shared properties must be on private and personal charging solutions. Here's why:
Every property faces two main constraints when it comes to EV charging:
- Often, there's insufficient funding to provide comprehensive EV charging infrastructure.
- Properties are built with limited power resources.
Due to these constraints, properties may install only a few EV chargers, expecting residents to share them. However, this leads to inevitable conflicts as the number of EV owners increases.
Historically, many technologies in our homes have transitioned from shared to personal. We've moved from a single home phone to individual mobile phones, and from shared laundry facilities to private in-unit machines. This evolution suggests that shared EV chargers, too, will become obsolete, making way for personal charging solutions.
Shared EV chargers can cause significant inconvenience. No one wants to wake up in the middle of the night to move their car for another resident's use, face penalties for over-usage, or deal with the uncertainty of charger availability.
Residents increasingly desire a private charger that's available whenever they need it. Shared charging stations cannot compete with the convenience and reliability of private chargers.
Properties with shared EV chargers face competition from public superchargers, like those offered by Tesla. These public options are often more cost-effective and reliable, leading to a decline in the use of property-based shared chargers.
When it comes to EV charging, residents prioritize:
- The charger should fully charge the vehicle overnight, akin to how we charge our smartphones.
- The competition from public chargers and the added maintenance and operating costs of shared chargers can deter residents from using them.
As public super-fast EV chargers become more abundant, convenience will be the key factor. Residents will likely prefer a private, albeit slower, charger over a shared, faster one, especially given the availability of rapid public chargers.
In conclusion, for shared properties, the future of EV charging lies in private and personal solutions. These align with resident preferences, address budget and power constraints, and are more sustainable in the long run. It's time for property managers to rethink their approach to EV charging infrastructure, focusing on personal charging solutions that cater to the evolving needs of their residents.
To ensure your property is optimally prepared for the future of electric vehicle charging, Plugzio offers a comprehensive and time-efficient process:
.1 We conduct an in-depth analysis of your property's electrical infrastructure and survey resident EV needs, partnering with trusted electricians for precise evaluation.
.2 Based on the assessment, we craft a customized charging solution, detailing installation costs, unit placement, and future planning strategies.
.3 Our team oversees a seamless installation process, ensuring each charger is correctly set up and operational.
.4 We assist in establishing user policies and setting usage rates based on your utility costs and desired ROI, ensuring a smooth transition to the new system.
.5 We provide continuous assistance, regular technology updates, and semi-annual ROI reviews, maintaining optimal performance and satisfaction.
This structured approach not only guarantees a swift transition to EV readiness but also aligns with your property's specific needs and timelines, maximizing ROI and enhancing tenant satisfaction.
Extended version:
As the adoption of electric vehicles (EVs) continues to grow, it's increasingly important for properties to accommodate EV charging needs. Our company has developed a comprehensive 5-step process to make your property EV-ready, ensuring a smooth transition into the future of transportation.
- 2 to 4 weeks.
- We collaborate with trusted electricians to assess your property's electrical infrastructure, determining the available power. A survey of your residents helps us gauge the current and future demand for EVs and the suitable level of charging required.
- 1 week.
- Based on our initial assessment, we craft a detailed proposal for a turnkey EV charging solution. This proposal covers installation costs, unit selection, software services, and future expansion plans. A follow-up meeting is arranged to discuss and refine this proposal.
- 2 weeks to 2 months.
- Our team manages the installation, ensuring everything proceeds smoothly. We also handle device setup and commissioning post-installation.
- 1 week.
- Post-installation, we assist in setting up usage policies and rates for your residents. Rates are based on your utility costs and desired return on investment (ROI), typically aimed at a 3-5 year timeframe. We also share successful strategies and case studies to maximize the effectiveness of your new EV charging infrastructure.
- Our support extends beyond installation. We provide continuous assistance to both residents and management, addressing any queries or concerns. Regular updates to our devices keep them in line with technological advancements. For VIP clients, we offer semi-annual investment review meetings to discuss ROI and adapt to any new developments or insights.
Our process is designed to seamlessly integrate EV charging solutions into your property, enhancing its appeal and functionality. With our expert guidance and ongoing support, making your property EV-ready is a forward-looking investment that positions you at the forefront of the sustainable transportation movement. Let's drive towards a greener future together!
With Plugzio, EV charging becomes not just an amenity, but a potential profit center. We guide you through every step, ensuring a seamless transition to EV readiness and a sustainable revenue stream from your charging infrastructure.
Here are some details on how our core philosophies can help you reach a predictable ROI on your EV charging infrastructure.
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- The absence of charging cords lowers maintenance expenses, directly enhancing NOI. Less downtime for repairs translates to consistent revenue generation from the charging stations.
- The flexibility to accommodate different charging standards without needing infrastructure changes prevents costly upgrades, thus preserving the property’s ROI.
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- Providing personal charging stations can be a unique selling point for properties, potentially leading to higher occupancy rates and, consequently, increased rental income.
- Personal chargers eliminate the need for managing shared charging schedules and maintenance, reducing operational overheads and enhancing NOI.
- Offering personal charging solutions can attract EV-owning tenants and encourage current residents to stay longer, stabilizing revenue streams and improving NOI.
By implementing these philosophies, Plugzio helps properties achieve a predictable ROI through cost savings, increased tenant satisfaction, and enhanced property attractiveness. This approach not only makes properties more appealing to a growing demographic of EV owners but also ensures a sustainable, long-term revenue model aligned with modern energy needs and consumer preferences.
In the realm of property management, resident retention is a crucial factor. A key aspect that's often overlooked is the convenience of EV charging. While many property managers believe that providing fast Level 2 charging is essential to keep residents satisfied, there's a more nuanced perspective to consider.
The general assumption is that the faster the charger, the happier the residents. However, the reality is that the convenience and predictability of the charger are far more significant. Residents value knowing that they can reliably charge their vehicle, even if it's at a slower rate.
Load balancing, where multiple vehicles share a single electrical circuit, is a strategy aimed at reducing installation costs. It's effective in public spaces with unpredictable charger use, but in residential settings, it often falls short.
- The first vehicle plugged in receives maximum power. As more vehicles connect, the power is divided among them, reducing the charging speed for each vehicle.
- In residential spaces where most residents return home around the same time, load-balanced chargers invariably provide lower charging speeds. This means residents are essentially receiving Level 1 charging speeds, despite the property's investment in more advanced infrastructure.
Contrary to what many property managers believe, residents often prefer a predictable but slower charger over a fast yet unreliable one. When residents realize that their supposedly fast chargers are only providing Level 1 speeds due to load balancing, their frustration can double compared to simply having a consistent, slower charger.
A load-balanced solution can be effective, but only if the shared power adequately meets the daily charging needs of the residents. For example, sharing an 80A panel among 12 chargers means each only delivers about 6A per vehicle. This equates to roughly 3 miles per hour of charge, less efficient than a standard 20A kitchen outlet, which is significantly cheaper to install and maintain.
In summary, while fast charging seems like an attractive proposition for residential properties, it's the reliability and predictability of the charging experience that truly matters to residents. Property managers should consider investing in solutions that may be slower but offer a more consistent and dependable charging experience. This approach not only aligns better with resident expectations but also potentially saves on installation and maintenance costs. Let's shift the focus from speed to convenience and reliability in EV charging for residential properties.
In the electric vehicle (EV) industry, there's a common misconception that faster is always better when it comes to charging. However, there's a strong case for considering Level 1, or low-power charging, as a viable option for properties. Let's explore why.
- The routine of refueling a gas-powered vehicle often creates a mindset that faster is better. This has led to a focus on high-speed charging in the EV sector. But the reality of EV charging is quite different; it's more about regular, smaller "top-ups" rather than filling an empty tank.
- EV ownership involves a lifestyle change. Owners typically recharge what they use daily, not the entire battery. It's a shift from the "empty and fill" mentality of gas vehicles to a more consistent, incremental charging approach.
- For most daily requirements, the slowest charger, like our Plugzio Outlet, is sufficient to fully charge an EV overnight.
- Infrastructure should cater to the majority of use cases, not the exceptional ones. For instance, a resident who needs to charge quickly due to an unusually long trip can use public superchargers. This approach is similar to not stocking extremely heavy weights in a gym that caters to average fitness needs.
- Residents generally appreciate having a private, albeit slower, charger that reliably keeps their vehicle charged, as opposed to a fast shared charger that may require inconvenient scheduling.
- As EVs evolve to have larger batteries, the need for super-fast charging diminishes for everyday use. A larger battery provides a buffer, making low-power charging more practical. Even after a long day's travel, there's usually enough charge left to meet immediate needs until the next slow charge.
- With advancements in battery technology, we foresee a market divided between super-fast chargers for commercial and long-distance use, and slow chargers for everyday use at residences and workplaces.
In conclusion, Level 1 charging offers a practical, cost-effective, and convenient solution for the majority of EV owners. By understanding and adapting to the unique charging habits of EV drivers, properties can provide an amenity that aligns with the lifestyle and needs of their residents. As we move forward, embracing the benefits of Level 1 charging is key to supporting the growing community of EV drivers.
For asset managers, property managers, developers, and environmental officers, the transition to electric vehicle (EV) charging infrastructure can be fraught with challenges. Plugzio offers innovative solutions to these pain points, ensuring a smoother transition to EV-friendly properties. Understanding these challenges is crucial in crafting messages that resonate with our target audience's needs and concerns.
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- As EV ownership increases, properties without EV charging facilities risk losing tenants or visitors.
- We provide accessible EV charging solutions that enhance property appeal, ensuring that EV owners are more likely to choose your property.
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- Older properties may lack the necessary infrastructure to support EV charging, and upgrades can be costly.
- Our products allow for gradual expansion, minimizing initial costs and enabling a scalable approach to infrastructure upgrade.
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- Budget constraints and uncertain ROI often hinder EV charger installation.
- We offer cost-effective charging solutions, helping clients to realize a quicker and more tangible ROI.
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- EV chargers require regular maintenance, and more powerful chargers often have higher maintenance costs.
- Our chargers are designed for durability and low maintenance, reducing long-term costs.
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- Smart EV chargers come with service charges and commission fees, impacting ROI.
- We minimize or eliminate excessive service charges and commission fees, ensuring a better ROI and resident experience.
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- Maintenance, service, and commission costs are often overlooked in initial planning, leading to increased usage costs for residents.
- Our transparent pricing model accounts for these factors upfront, preventing unexpected expenses and keeping usage costs reasonable for residents.
In conclusion, Plugzio not only addresses the immediate needs of properties transitioning to EV charging but also tackles the long-term challenges that might not be immediately apparent. Our solutions are tailored to meet the evolving demands of properties and their residents, ensuring a sustainable and profitable transition to an EV-friendly environment. Let Plugzio be your partner in navigating the complexities of EV charging infrastructure.