Once seen as a fad by industry watchers and auto executives, most would now admit that the rise of electric cars seems inevitable.
By Jeff Sorg, OnlineEd Blog
(January 12, 2018)
Once seen as a fad by industry watchers and auto executives, most would now admit that the rise of electric cars seems inevitable. There was a 5% decline in electric vehicle sales from 2014 to 2015. However, sales jumped by 37% in 2016. Final numbers for electric vehicle (EV) sales in the U.S. were recently released in January 2017 and project that electric vehicle sales will continue to increase at a 32% compounded rate for the foreseeable future.
By year-end 2016 there were about 30 different EV offerings, with total sales of 159,000 vehicles. Five different models sold at least 10,000 units in 2016 that were manufactured by Tesla, Chevrolet, Nissan, and Ford. In Oregon, electric vehicles are between two and four times the national average. Between 2010 and 2015, approximately 9,000 electric vehicles were sold in the State of Oregon. In 2013, Oregon joined with seven other states in creating a Zero-Emission Vehicle (ZEV) program to promote the growth of the electric vehicle market. Oregon also has joined with California and Washington to create the West Coast Electric Highway by installing fast-charging stations along Interstate 5.
In response to this increase in electric vehicles, the 2017 Oregon Legislature enacted two bills. House Bill 2510 deals with commercial properties, and House Bill 2511 deals with residential properties. Let’s look briefly at these two bills.
Both bills allow a tenant to install and use an electric vehicle charging station. In the case of a residential tenant, it is to be on a parking spot assigned to the tenant and in the case of a commercial tenant, the charging station is to be located at or near any parking spot assigned to that tenant. The tenant is to be financially responsible for the cost of permitting, installation, maintenance, electricity use, and removal of the charging station. The landlord may prohibit the installation or use of a charging station if the premises do not have at least one parking space per rental unit and may require the tenant to submit an application before installation of the station to ensure compliance with architectural standards and other reasonable restrictions that the landlord might impose.
Charging stations must be installed by certified, licensed electricians. The tenant is also to provide renter’s insurance in an amount of not less than $1 million and name the landlord on the policy if the charging station is not a certified electrical product.
Tenant installed charging stations remain the personal property of the tenant unless a different arrangement between the tenant and landlord. Upon removal, the tenant is to restore the premises to their original condition.
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Jeff Sorg, an Oregon licensed Principal Broker, is a co-founder of OnlineEd®, a Web-based vocational school founded in 1997 where he also serves as Corporate Secretary, Chief Operating Officer, and School Director. Sorg holds vocational instructor licenses for real estate education in Oregon, Washington, California, Flordia, and Nevada and has authored numerous pre-licensing and continuing education courses in those states. Sorg holds the International Distance Education Certification Center’s CDEi Designation for distance education, originally awarded in 2008.
OnlineEd® provides real estate, mortgage broker, insurance, and contractor pre-license, post-license, continuing education, career enhancement, and professional development and designation courses over the Internet.