I was reading up about a company that wants to turn your domestic EV charger into a business. You sign up, configure your availability periods, and voila! Your charger appears on a map for other customers to see. Let’s say they are in Oxford and they need to charge their EV, they open the app and can see what chargers are available nearby. They can see your charger’s fees, reliability and charging speed.
This got me thinking about the implications of this business model. For one, these chargers were sold as domestic chargers. They are not meant for 24/7/365 use by multiple vehicles. Does the charger manufacturer’s warranty cover such use? Also what about your home insurance? You are technically turning your driveway into a forecourt. And as most domestic chargers charge slowly, the customers will most likely be hanging around for a while. Free parking! But what is your public liability insurance like? What if their car catches fire?
I like the idea of being able to earn some extra cash from your EV charger, especially if the energy is free from solar generation or a special EV tariff. But consideration should be given to all aspects of what essentially is running a business.