The Benefits of Installing EV Charging Stations at ORLO Properties

Maryland Governor Wes Moore and Executive Marc Elrich visit our Woodvale Apartments during a showcase of our newly installed EV charging stations.

At ORLO, we’re always looking for ways to enhance tenant living experiences while supporting sustainable and forward-thinking property improvements. One of the most impactful steps we’ve taken is installing electric vehicle (EV) charging stations at our properties. Not only does this investment align with the growing demand for EV infrastructure, but it also brings a wide range of benefits to tenants and the community at large.

Why EV Charging Stations Matter

The shift toward electric vehicles is no longer a future trend—it’s happening now. With over 2.3 million EVs on U.S. roads in 2023 and sales expected to grow by 35% annually, the need for accessible charging options is more critical than ever. By installing EV chargers, ORLO is making it easier for tenants to own EVs without worrying about finding nearby charging facilities. This convenience can be a deciding factor for tenants when choosing where to live, particularly for environmentally conscious individuals.

Benefits for Our Tenants

Installing EV charging stations brings multiple benefits to tenants, elevating their experience at our properties:

1. Convenience at Their Doorstep

   Tenants no longer need to search for public charging stations or drive long distances to power up their vehicles. With chargers on-site, they can charge while relaxing at home, creating a seamless and stress-free experience.
   

2. Cost Savings

   Many EV owners save significantly on fuel costs compared to gas-powered vehicles. With easy access to charging at competitive electricity rates, tenants see even more cost benefits.
   

3. Environmental Responsibility

   For tenants looking to reduce their carbon footprint, having access to an EV charger amplifies their ability to make environmentally conscious choices. Our chargers are part of ORLO’s commitment to sustainable living and a greener community.
   

4. Attracting Forward-Thinking Tenants

   By providing EV charging infrastructure, properties appeal to a new generation of tenants who prioritize sustainability and technological advancement.
   

5. Improved Property Value

   Tenants’ satisfaction often translates to higher retention rates and positive word-of-mouth. With EV adoption on the rise, properties equipped with charging stations are poised to remain competitive and increase in rental value over time.
   

The Big Picture

The installation of EV chargers isn’t just about keeping up with trends—it’s about shaping a future-focused and sustainable community. According to studies, apartment buildings with EV charging options see 15-25% higher tenant retention rates, and many communities have reported an average 2% rise in property value from eco-friendly amenities alone.

As more cities and states are implementing regulations and incentives around EV infrastructure, properties like ours lead the way in creating an environment aligned with these shifts. Supporting EVs reflects our commitment to reducing greenhouse gas emissions and taking part in the global push for cleaner energy solutions.

A Win-Win for Everyone

The decision to install EV chargers is about more than convenience—it’s about creating an ecosystem that benefits tenants, the community, and the environment. At ORLO, we aim to give tenants the amenities they deserve while making an undeniable impact on reducing emissions and promoting sustainability. By putting modern solutions like EV chargers in place, we’re not only responding to demand but actively contributing to building a better future for everyone.

If you’re a tenant or property investor looking to partner with a forward-thinking property management team, ORLO is here to lead the way. Together, we can drive change—literally!