Saratoga Springs – Case Study
Saratoga Springs, a neighboring city to Eagle Mountain, during the recent construction of their new public works building installed three EVSE charging stations for public use. The stations can be used by anyone for a fee of $1.00 per hour for charging. I reached out to the city and asked them for some details on the cost and usage of their newly installed charging stations. Owen Jackson, Assistant City Manager for Saratoga Springs responded to my request. Here is some data and information on the charging stations in Saratoga Springs. The model that was installed was a ChargePoint+ CT4070-HD-GW. Between the 3 of them have 6 240V 24A J1172 Charging Ports. The charging stations had a total cost of $34,532 dollars. This amount includes a 5-year service plan and the cost of maintenance for 5 years. “For five years the total maintenance for the service plan is $12,978. That is simply the service plan (software, support, merchant services) at $6,630, and then the physical maintenance we paid $6,348 which covers any issues with the actual hardware or physical station.”The city used grants and public funds to pay for the stations and their install. “We applied for a grant through the Utah Department of Environmental Quality and received $26,788 for the stations. The remaining $7,000 was paid for from city funds as part of the building project for our Police and Court Facility.” Saratoga Springs at this time could not provide me with usage data to the present time.Total project cost: $34,532
- Cost of three stations (2 vehicles can charge at each station) – $15,037
- Cost of Installation – $6,067
- Cost for service plan (5 years) – $6,630
- Cost of physical maintenance (5 years) – $6,348
- Shipping Costs: $450
Revenue / Cost Analysis
The three stations can charge two vehicles at a time. This means that if the stations had 100% usage they could generate $114 revenue a day. Giving the city the potential of receiving $52,560 per year or $262,800 over the 5 year period. This does not take into consideration the cost of electricity used to charge the cars. The average electricity cost per kWh in Utah, according to the U.S. Energy Information Administration was 9.01 (average of all sectors) in July of 2020. The chargers do 5.8 kW (240V AC @ 24A) per connection. Taking this data into account, that the charger that Saratoga Springs purchased charges at 5.8 kWh and if the city pays the 9.01 cents per kWh average then the cost per hour for electricity would be $.52. That then brings the total the city would collect per hour to $.48 or 48 cents above the cost of electricity. Taking that into consideration, then the number will drop from $52,560 over the 5 years to $24,606 if the stations are running at full capacity 24 hours a day. It should be noted that I am making the assumption that the city rate for power is 9.01 cents per kWh.Remember the Survey
Remember to take the survey https://www.jotform.com/EMCity/chargingstationsurvey and let the City Staff and Council know your thoughts. You can also drop an email to the City Council as well: council@emcity.org.Mike Kieffer is an IT geek by hobby and trade, with a BS in Information Systems & Technology. He is a proud father of 10, a grandpa, an author, a journalist, and internet publisher. His motto is to “Elevate, Inspire and Inform”, and he is politically conservative and a Christian. Mike has a passion for technology, writing, and helping others. With a wealth of experience, he is committed to sharing his knowledge with others to help them reach their full potential. He is known for his jackassery or his form of self-expression that encourages boldness, creativity, and risk-taking. It can be a way to push the boundaries and challenge traditional norms, leading to creative solutions and positive change.