Board explores electric vehicle charging station lease for additional revenue

On January 13, 2025, the RCSC Exchange Meeting in Sun City, Arizona, focused on innovative revenue generation strategies, particularly the potential for electric vehicle (EV) charging stations on community property. The discussion highlighted the growing demand for EV infrastructure and the financial benefits it could bring to the community.

A board member presented a proposal to lease a small portion of community property for an EV charging station, referencing a study from Maine that suggested limited interest in such installations. However, the member countered this by noting that Maine is actively expanding its EV charging network, indicating a shift in demand that could be mirrored in Arizona. The proposal suggested dedicating two to three parking spots for the charging station, which would be built and operated by a private company, requiring minimal investment from the community.

Director Steve Oakes provided insights from the Long Range Planning Committee's analysis, estimating that one or two charging stations could generate approximately $18,000 annually. He emphasized the importance of location, suggesting that high-traffic areas would be more suitable for installation to maximize revenue potential. Oakes also noted that the capacity of the charging stations would significantly influence revenue, with higher-capacity stations potentially yielding up to $8,000 monthly, although this figure was considered optimistic.

The meeting also touched on insurance implications related to the installation of charging stations, a factor that could complicate the proposal. As competition in the EV charging market increases, the urgency to act on this opportunity was underscored, with members expressing a desire to explore the proposal further.

In addition to the EV discussion, community member Linda Thompson raised concerns about a specific property development, confirming that a piece of land at 99th Avenue and Olive does not have an age overlay, which would affect its development approval.

Overall, the meeting underscored the community's proactive approach to adapting to changing transportation trends and exploring new revenue streams, while also addressing ongoing development concerns. The next steps will involve further discussions with the Long Range Planning Committee to assess the viability of the EV charging station proposal and its potential impact on the community's financial landscape.