itselectric, a Brooklyn-based curbside EV charging company, has partnered with SWTCH Energy, which specializes in EV charging solutions for multi-tenant buildings. SWTCH will provide software to itselectric for managing, maintaining and optimizing its charging network.
“Today, the biggest barrier to deployment is the cost and complexity of connecting an EV charger directly to the utility’s main in the roadway,” said Tiya Gordon, COO and co-founder of itselectric. “Our charging network avoids this barrier, enabling affordable and scalable curbside charging infrastructure. We’re aligned with SWTCH in many ways, including our approach to closing charging gaps by pulling power from the built environment. This partnership now enables us to leverage SWTCH’s software to power our next-generation, smart, sleek and easy public EV charging.”
itselectric provides urban networks of Level 2 curbside charging posts at no cost to cities or to property owners, and offers revenue sharing to property owners. Once a property is deemed eligible, itselectric installs and maintains a low-profile charger, and property owners earn passive income. With this business model, itselectric helps cities avoid the utility infrastructure upgrades normally needed to support on-street charging.
SWTCH’s EV charging management platform will offer itselectric seamless insight and control of its charging network, including turnkey driver billing and charging fee remittance, 24/7 monitoring and maintenance alerts, and real-time reporting. By monitoring charger energy use in real time, and setting charging rates by energy or time used, SWTCH will maximize charger earnings that will be passed to property owners.
“Dense urban areas require innovative, cost-efficient charging infrastructure solutions,’’ said Carter Li, CEO of SWTCH. “Our open charging platform and energy management solution has been unlocking EV charging access in multifamily buildings for city residents, and itselectric chargers offer a unique solution for the curb. By partnering with building owners to maximize existing electrical capacities, and giving them a piece of the earnings, we’re solving the urban charger deployment problem.”
Source: itselectric
