For Colorado and Wyoming members who are interested in E.V. Charging either for the purpose of building codes, ESG, or trying to enter into the market one of the biggest issue that station owners face is the potentiality of peak demand charges being levied by an electricity provider. While CWPMA is working on a proposal for the Board for the 2024 session in order to address this, as well as being a party to intervening in the current XCEL rate case in front of the PUC, we have concurrently been exploring options for operators who want to get into this space.
Free wire is an E.V. installation company that specializes in Battery storage systems. It is worth your time and energy to review the attached materials as in both Colorado and Wyoming the ability to essentially monetize the state programs is real and relevant. Further, it is important to note that one of the things the Colorado legislature did this year was remove the application of state level business personal property tax for this equipment.
If you are interested, this solution makes a lot of sense under the current state law and regulatory structure.
Here is also an interesting article from the founder:
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FreeWire Unveils Enhanced AI Platform for Prediction of EV Charging Station Utilization & Revenue Generation |
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FreeWire CEO and Founder, Arcady Sosinov, joined Fortune Magazine to announce the launch of Mobilyze Pro — the most powerful artificial intelligence (AI) software tool available today to analyze and predict strategic deployments of fast electric vehicle (EV) charging infrastructure.
The platform’s new tools include a utilization prediction engine, profitability calculator, and tariff recommendations. Together, these tools enable clients to compare and rank thousands of locations at a time, allowing them to quickly identify the sites that will drive the highest utilization, best incentives, and highest returns. Request a free CLAIM evaluation, powered by Mobilyze Pro.
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