Wallace Energy has introduced a new EV charger migration model aimed at helping commercial property owners generate revenue from their existing electric vehicle charging infrastructure. The solution enables businesses to convert complimentary charging stations into income-generating assets without investing in new hardware or paying recurring software subscription fees.
The newly launched model allows existing EV chargers to be migrated to Wallace Energy’s proprietary Horizon charger management platform in approximately 30 minutes. Through this transition, property owners can begin offering paid charging services while continuing to use their current charging equipment, eliminating the need for costly infrastructure upgrades.
According to the company, the solution is designed for commercial establishments including hotels, office parks, golf courses, retail locations, and multi-family residential properties. Instead of managing charging operations independently, property owners receive a share of the charging revenue while Wallace Energy handles platform management and ongoing operations.
Wallace Energy’s Horizon platform also manages billing, payment processing, driver support, routine maintenance, remote diagnostics, and charger performance monitoring. The company claims its AI-powered remote repair capability can resolve a significant number of charger issues without requiring on-site maintenance, helping improve charger uptime and operational efficiency.
Before migrating any charging equipment, Wallace Energy conducts a no-cost compatibility assessment to ensure the existing chargers can integrate with the Horizon platform. The company also offers an optional land lease model for commercial property owners who prefer to host charging infrastructure without owning the equipment themselves.
With EV adoption continuing to rise, Wallace Energy believes its migration model provides a cost-effective way for businesses to unlock additional revenue from charging assets they already own. By simplifying charger management and reducing operational responsibilities, the company expects more commercial property owners to adopt revenue-sharing models as demand for public EV charging infrastructure continues to grow.
