It’s Electric is an EV charging station owner-operator (CSO), purpose-built for cities, with a mission to unlock access to clean vehicles for all urban drivers. Launched in 2021, It’s Electric was founded to solve an urgent challenge: municipalities like Washington, D.C. are leading the way in setting policy targets to mandate a transition to EVs, but no scalable charging solutions existed for the 70 million drivers across the U.S. who don’t have access to a private driveway or garage. If we want all Americans to have access to electric mobility, we must provide them with convenient and affordable public charging options where they already park: the curb.It’s Electric is addressing this challenge by harnessing spare electrical capacity from nearby buildings to deploy low-footprint curbside Level-2 EV chargers. We create a behind-the-meter connection to property owners’ electrical panels to tap this excess capacity, thereby avoiding the barrier of grid limitations and the costly and time-consuming process of creating a new utility interconnection. What’s more, we can afford to deploy in areas that don’t yet have high rates of EV ownership – where we know utilization will initially be low – thus breaking the chicken-or-the-egg cycle that is currently stifling EV adoption in urban areas.In return for hosting an It’s Electric charger, property partners receive approximately 20% of the charger’s topline revenue, creating a new passive income stream for them while making it easier for everyone in their community to charge an EV. With revenue sharing for property partners, plentiful access for (current and future) EV owners, and virtually no impact on municipal budgets: It’s Electric is a win for everyone.
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