The EV Charging Financial Analysis Tool equips users with critical information on the financial performance of electric vehicle charging projects. The Microsoft Excel-based tool is capable of evaluating a variety of business arrangements, including sophisticated public-private partnerships. The tool uses the discounted cash flow method to evaluate the financial performance of a charging project through a variety of revenue streams over the lifetime of the charging equipment. The tool is highly flexible, with over 100 inputs and supports customizable sensitivity variables.
The tool was originally developed by the Cadmus Group in partnership with the Center for Climate and Energy Solutions for as part of a study commissioned by the Washington State Legislature’s Joint Transportation Committee to identify business models for financially sustainable, private-sector funded charging networks. The study was conducted from May 2014 to March 2015. The final report can be downloaded from the Joint Transportation Committee website.
Atlas Public Policy completed all updates to the tool for version 2.0.