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Sweetwater approves 10-year agreement for EV fast chargers with revenue share
Summary
The City of Sweetwater approved a 10-year agreement with Jolt Charge Inc. to install level‑3 electric vehicle fast chargers on city property at no upfront cost to the city; the company will pay upfront and recurring fees plus a share of charging revenue, staff said.
The City of Sweetwater Commission approved a 10‑year agreement on first reading authorizing Mayor Diaz to execute a contract with Jolt Charge Inc. for installation of electric vehicle (EV) charging stations on city property at no cost to the city.
City staff said the proposal brings fast, public chargers to Sweetwater and includes upfront payments to the city and a revenue share. “Instead of getting $4,000 per charger, we're getting $5,000 per charger upfront,” staff member Scott said during the discussion. Scott also told commissioners the city would receive 35% of the charging revenue after the company deducts electricity costs.
Why it matters: Commissioners framed the agreement as a way to expand EV infrastructure without capital outlay from the city and to generate recurring revenue. Commissioners asked about charger speed, locations, maintenance response times and contract length; staff said the units proposed are level‑3 fast chargers, locations will be determined with staff and the company, and the contract includes service-response requirements with penalties for downtime.
Details from the meeting: Scott said the company proposes to install multiple chargers at city-owned public parking locations and would pay the city $5,000 per charger in the first partial year and $5,000 each January thereafter, plus 35% of net charging revenue. Commissioners asked whether advertising revenue was included; staff said advertising is retained by the vendor. On reliability, staff said the contract requires vendor response to outages within 24–48 hours and imposes liquidated damages of $100 per day for out‑of‑service equipment.
No specific installation sites were finalized at the meeting; staff said sites would be chosen through a location review and permitting process. Commissioners also asked whether the contract contains opt‑out language; staff said the city could terminate for vendor breach but otherwise would need to account for damages to exit the agreement early.
Outcome: Commissioners moved and seconded the resolution and the item passed. The roll call recorded the commissioners present voting in favor.
The agreement next steps include finalizing locations, permitting, and a vendor implementation schedule.
