Charging solution provider EV Connect has launched what it calls “EV Charging-as-a-Service” (EV CaaS), which is designed to transform the installation of EVSE from a capital expenditure to an operating expense.

The EV CaaS program starts at $99 per month per charge station port (not including installation). It includes GE’s WattStation and DuraStation EV charging stations, and EV Connect’s base management software and service. EV Connect handles installation and permitting, and manages all aspects of ongoing maintenance, including driver support, station management and usage reporting.

“The single biggest hesitation facility owners have when considering EV charging station installation is up-front cost,” said EV Connect President Jordan Ramer. “The EV CaaS program, in collaboration with SparkFund and GE, offers a pay-as-you-go alternative to capital purchases, and greatly simplifies the decision-making process.”

“The industry is increasingly looking for a simplified, cost-effective and efficient approach to building an EV charging infrastructure which includes ongoing service for this equipment,” said GE’s Seth Cutler.

Also this week, EV Connect announced that it has completed a $2.7 million equity financing round, and has formed a collaboration with Hilton Worldwide (NYSE: HLT) to provide Hilton properties with hospitality-focused EV charging solutions.

Source: EV Connect