3V No Cost
Built for multifamily portfolios. 3V funds, owns, and operates the charging. No CapEx, no OpEx, ever. Owners are reimbursed for electricity from day one and share in the revenue once 3V recoups its investment.
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Customer
Bridge Investment Group
Across the country, Bridge Investment Group is bringing EV charging to residents in 17 states. 3V provides the capital, installation, and ongoing management, starting with 150+ sites.
3V’s unique model aligns perfectly with our vision, allowing us to deploy EV charging infrastructure at scale at no cost to us while enhancing our properties. This partnership represents a win-win for our residents, and our properties over the long-term.
Matt DeGraw · Chief Executive Officer at Bridge Property Management -
Customer
The Solomon Organization
Thousands of Solomon residents now have convenient at-home charging. 3V will fund, install, and operate EV charging at 60+ Solomon multifamily properties, at no cost to the owner.
At Solomon, we’re dedicated to enhancing the lives of our residents, and offering amenities like at-home charging is an increasingly important part of that. 3V’s unique model will help us meet evolving resident expectations and stay competitive, without the financial or operational burden.
Dan McInerney · COO of The Solomon Organization -
Customer
Camden Property Trust
With nearly 60,000 apartments, Camden is one of the largest multifamily operators in the country. 3V invests in, installs, and maintains its EV charging at no cost to Camden, starting with 100+ sites.
3V Infrastructure gave Camden an opportunity to expand EV charging across our portfolio without spending considerable CapEx or OpEx, helping future-proof our properties. Their responsiveness and best-in-class partners have made the process easy and collaborative.
Linda Willey · VP of Business Services at Camden Property Trust
Common questions.
See every answer on our FAQ page.
How does the 3V No Cost model work?
3V No Cost is our flagship solution for multifamily portfolios. 3V fully funds, builds, and operates the charging at no cost to you. We reimburse your electricity costs from day one, and once 3V recoups its investment, you share in the profits. We take on the risk, and you share the upside.
Do property owners receive a revenue share?
Yes. With 3V No Cost, property owners share in charging revenue once 3V has recovered of our initial investment, allowing owners to share in the upside.
How does 3V make money with the No Cost capital solution?
We earn revenue by applying a modest margin to the price drivers pay to charge. That margin funds our investment and the ongoing operation and maintenance. We only succeed when residents use the chargers, so we’re motivated to keep charging affordable and reliable.
How long are 3V No Cost agreements?
3V No Cost agreements are typically 10 years, reflecting the long life of charging infrastructure. Agreements are designed specifically with real estate owners in mind. They are fully assignable and will not impact an owner’s ability to sell a property.
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