FAQs

The EV charging industry is full of myths, jargon, and complexity. These are the questions property owners actually ask.

How much does charging cost property owners with the 3V No Cost solution?

Nothing. No CapEx, no OpEx, ever. 3V fully funds, builds, owns and operates the charging infrastructure across your multifamily portfolio, while you get reimbursed for electricity costs from day one and share in the profit.

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.

What is the installation process like?

3V manages it from start to finish: site assessment, design, permitting, utility coordination, and construction. We work closely with your team to minimize disruption and keep you informed, with as little time required from your staff as possible.

Who maintains the EV chargers and handles repairs?

3V owns the charging infrastructure and is responsible for ongoing maintenance and repairs. We monitor stations proactively, so property teams are not responsible for any day-to-day operations.

What happens if EV adoption grows faster or slower than expected?

Our data driven planning helps us meet realistic demand without overbuilding. We continuously monitor charger utilization and add more chargers at your property as demand increases.

Does 3V provide customer support for drivers?

Yes, drivers can access 24/7 support through the charging network. Issues are immediately flagged to 3V, and our team monitors stations proactively to ensure reliability.

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. 

What happens if I sell a property?

3V agreements transfer with the property and are designed to support smooth ownership transitions. Buyers view 3V agreements as a value-adding amenity, like laundry or telecom agreements.

How does 3V decide how many chargers to install?

We’re here to partner with you for the long haul. We use hyperlocal EV adoption trends to right-size each property for today’s demand, then monitor usage and add chargers as demand grows. 

Still have questions?

Our team answers them every day, on calls with owners weighing the same decision. Ask us about capital, construction, or what happens in year ten.

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