Metrics to Inspect the Performance of the EV Charging Station


 Once you’ve contacted the right EV charging station installers and EV charging stations have been installed, you need to monitor the performance of these stations as well. In order to make the most out of the electric vehicle charging station, it is crucial to remain updated and have an understanding of its performance metrics. 

 

Metrics to Analyze the Performance of the EV Charging Station 

 

The good thing about EV charging stations is that they usually come with management software which makes it much easier for businesses to analyse a ton of data.  Owners gain access to a variety of metrics which is not only helpful in maximizing the performance of the EV charging stations but also in improving its performance. If you plan to offer the best commercial EV charging station to your customers, then monitoring the following metrics is a must: 



  1. Utilization 

Utilization of the EV charging station is one of the most important data sets to take into account. This is an extremely useful metric irrespective of whether you are handling a single station or a network. Utilization helps in monitoring when and how often drivers charge their vehicles at a particular station. This data is important for helping station managers decide whether they should expand or not. If the site is utilized at a rate of more than 20%, you may want to consider expansion. This will also help in avoiding long lines and maintaining a steady rate of utilization. 



2.            Charge Sessions 

Another important metric that you must take into account is charging sessions. This metric essentially builds off on utilization and it provides other insights. You can have a look at the daily number of charging sessions and the duration of each charging session. Some management software also shows the duration for which the car was plugged in and the actual time spent charging. These figures also help in finding out the days on which the charging station is used the most. 



3.            Station Health 

No other metric will be helpful if the charging station is not working properly. EV charging station management provides cumulative and predictive information that helps in understanding about the health of your station or your entire network. Strong station health combined with the other metrics results in the final data set: revenue. 



4.            Revenue 

The purpose of any commercial EV charging station installation is to generate revenue. This metric helps in pushing your station in the right direction. Apart from the daily revenue generated by a station, you can also have a look at the station’s gross revenue over a period of seven to thirty days. You can also have a look at the revenue generated per charge session as well as revenue per customer. Taking into account all these figures helps in determining how much money you are actually making. 

 

Conclusion 

Without the right metrics, individual stations and/or networks might struggle to operate smoothly or they might even remain under-utilized. If you are considering an outdoor EV charger installation then make sure to monitor these metrics regularly. This will help you in growing your business as well. 

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