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How Electric Vehicles Can Benefit Your Business

How Electric Vehicles Can Benefit Your Business

Electric vehicles are hitting the road in growing numbers. Learn how they can bring a variety of benefits to your business.

Published: 2/26/2025 6:20:50 PM

Electric vehicles are hitting the road in growing numbers. Learn how they can bring a variety of benefits to your business.

Man in car

Electric vehicles (EVs) are hitting America's roads in growing numbers. U.S. EV sales reached a record high of 1.3 million in 2024 according to Kelley Blue Book, a 7% increased from 2023. There are now more than 70,000 public EV charging stations in the U.S., according to the U.S. Department of Energy, an amount that's more than doubled over the last few years.

The advantages of EVs

Why are EVs making such inroads? They offer a number of advantages over conventional vehicles:

  • Lower operating costs. EVs are less expensive per mile than gasoline vehicles. Also, electricity rates are consistent over time; no more worries about jumps in gasoline prices.
  • Less maintenance. EVs have fewer moving parts than internal combustion engine vehicles, meaning reduced maintenance time and costs.
  • Improved performance. Electric motors run quieter and smoother than internal combustion engines.
  • Energy independence. Electricity is a domestic fuel source.
  • Reduced emissions. Although EVs have no tailpipe emissions, there are emissions from generating electric power. Still, EVs reduce total emissions significantly compared to internal combustion engines.

With all of these benefits, maybe it's time consider switching your business fleet to EVs.

The power to choose

You have plenty of options when it comes to upgrading your fleet. A a large number of small-, medium- and heavy-duty EV models are available from a variety of manufacturers. Whether you are looking for simple sedans, delivery vans or larger vehicles, there are EVs available for your fleet. Search the U.S. Department of Energy's electric vehicles database for available models.

Financial incentives can significantly reduce the cost of purchasing EVs. The federal Commercial Clean Vehicle Tax Credit covers up to $7,500 of the purchase cost of vehicles weighing up to 14,000 pounds and up to $40,000 of the purchase cost of larger vehicles. Search here for any state or local incentives that may be available in your area.

Charging up

Although EVs eliminate the need for fuel, you will have to invest in a charging infrastructure. Most businesses install Level 2 or Level 3 chargers. Level 2 chargers can generally charge vehicles in three to eight hours. Level 3 charging stations (also known DC fast chargers) are much more expensive to install, but can charge vehicles in 30 minutes or less.

Installing charging infrastructure requires a significant upfront investment. However, the good news is that financial incentives are also available for charging infrastructure installations to help reduce your cost. With the federal Alternative Fuel Infrastructure Tax Credit, business can claim up to 30% of the installed cost of eligible infrastructure projects, subject to a maximum of $100,000. Local and state incentives may also be available as well.

Make the transition to EVs and start realizing the benefits for your business.

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Mississippi County Electric Cooperative

474 East State Highway 18
Blytheville, AR 72315

Office: (870) 763-4563
Outages: 1-800-439-4563

About Us

Mississippi County Electric Cooperative

Your local power provider, serving northern Mississippi County, Arkansas.  Please look around and discover all the things your co-op has to offer.

Mission Statement:

Improving the quality of life for our members by providing safe, reliable and affordable electricity

 

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©2025 Mississippi County Electric Cooperative. All Rights Reserved.

  • Home
  • About Us
    • Organization
      • Officers & Directors
      • Meet Our People
    • Touchstone Energy Cooperative
      • About Touchstone Energy
      • The Seven Cooperative Principles
      • The Cooperative Difference
      • Touchstone Energy
    • Documents
      • Annual Report
      • Bylaws
      • Privacy Policy
    • Community
      • Community Service
      • Employment
      • Service Area Map
  • Account Services
    • Account Service
      • New Account/Service
      • Levelized Billing
      • Automatic Bank Draft
    • Service
      • Stopping Service
      • Rates, Fees & Services
    • Benefits
      • General Information
      • Capital Credits
      • Payment Assistance
  • Member Resources
    • Information
      • What is Demand
      • Paying Your Bill
      • Reading Your Bill
      • Residential Energy Efficiency Resources
      • Call Before You Dig
      • 65+ or Handicapped
      • Sales Tax Exemption
      • FAQ
    • News
      • News and Events
      • Arkansas Living Magazine
    • Member Services
      • Co-op Connections Card
      • Together We Save
    • Exede/Wildblue Users
      • Exede/Wildblue Email
      • My WildBlue
    • Outage Tools
      • Outage Reporting
      • Outage Restoration
    • Communications Opt In/Out
      • Email Communications Opt In/Out Form
      • Load Management Communications
    • Recipes
    • Recommended Links
  • Products and Programs
    • Products
      • Internet Service
      • Compact Fluorescent Lights
      • Marathon Water Heaters
      • Heat Pumps
    • Programs
      • Green Power
      • Energy Audits
      • Security Lights
      • Youth Tour
    • SmartHub
      • Smarthub Account Management
      • SmartHub Pay Now
      • SmartHub - What is it? How do I get it?
      • FAQ's
    • Electrical Safety
      • Electric Safety and Efficiency
      • General Electrical Safety Tips
      • Kids Safety Tips
    • Activities
      • Safety Checklist
      • Safety Quiz
      • Safety Programs
  • Contact Us