Insights - Energy Dais

5 Types of Metrics To Analyze EV Charging Performance

It is vital to stay current on various station performance parameters in order to maximise the potential of electric vehicle charging stations (EVCSs). The advanced software and Charging Networks Operations Center (C-NOC) of EV Connect enable station owners and managers to evaluate a wealth of useful data. Access to parameters such as sustainability reporting, revenue, and usage enables the improvement of existing charging stations and the planning of new ones. This article will discuss the many sorts of metrics, what they measure, and why they are critical to examine.

Dashboard for EV Connect Performance

Before we get into specifics, let’s define charging station metrics. EV Connect gives a wealth of information via the Performance Dashboard for your charging station. Using our industry-leading software and C-NOC, charging station owners and managers may see a variety of statistics and visualisations in a single convenient location. These metrics provide critical information about a station’s state, efficiency, and reach. Additionally, C-NOC monitors the health of the station, enabling proactive maintenance to maximise station uptime. Essentially, EV charging station metrics are collections of data that may be utilised to improve the uptime, profitability, and environmental effect of charging stations.

Analyze Station Performance Using Metrics

Now we can delve further into specific data that is useful for monitoring the performance of EV charging stations. Station owners have the skills to benefit everyone, from drivers to themselves, from sustainability reporting to station revenue. Consider the following five EVCS performance metrics.

a.) Utilization

Station usage is a critical data set to consider while developing an EVCS. This statistic is beneficial regardless of whether you operate a single station or a network. Utilization informs you of the times and frequency with which drivers charge at a given station. This information is critical in assisting station managers and owners in determining whether to expand. Fast charging employs a 20% utilisation rate as a criterion; if the site is being used at a rate more than 20%, it may be worthwhile to consider expanding or adding another nearby station. In an ideal world, your EVCS would achieve targeted utilisation in order to minimise long lineups and sustain consistent use.

2.) Charge Sessions

Along with usage, another indicator to evaluate is a station’s charge sessions. This data complements the frequency with which a station is used and gives additional insight. You can see the daily total of charge sessions as well as a breakdown of the duration of each charge session. Additionally, the Performance Dashboard displays the amount of time spent charging versus simply being plugged in. These numbers indicate which days are the busiest for charging, which assists owners in scheduling repairs and maximising uptime. Additionally, owners can attempt to minimise plugged-in time that is not charging time.

3.) Sustainability

At some point, station owners must assess the purpose of EV infrastructure. One of the most interesting data sets provided by EV Connect is located in the “Sustainability” tab of the Performance Dashboard. There, you can see the actual (and beneficial) effects of your charging station network, such as a reduction in your carbon footprint. From industry-standard measures such as Greenhouse Gas Emissions Avoided to more specific figures such as the station’s benefit to trees, sustainability data enables EVCS owners and managers to visualise the impact they are contributing to.

4.)  Station Health

No other measure is relevant if a charging station is not operational. EV Connect’s C-NOC system delivers cumulative and predictive information about the status of your station or network, ranging from the simple “Connector Status” panel to the more complex “Station Health” page. C-NOC maintains maximum station uptime with auto-flagged issues and adjustable notice intervals. And when combined with the other criteria, a strong station’s health results in our final data set worth examining: revenue.

5.) Revenue

Finally, but certainly not least, station owners and managers desire money generation. This straightforward, yet extremely useful collection of KPIs enables you to continue to steer your charging network in the proper direction. Apart from daily revenue, you can check cumulative revenue for 7 or 30 days. Additionally, the gross revenue of the station can be viewed alongside revenue each charge session and revenue per consumer. By combining these information, owners can determine how, where, and when they earn money.

Measure Your Charging Station Performance

Without EV charging station metrics, individual stations and networks would struggle to stay operational, would become over- or under-utilized, and would potentially lose money. EV Connect equips owners with a comprehensive Charging Networks Operation Center system that allows for the monitoring of a range of parameters. You can be proactive rather than reactive with this easy dashboard, which results in increased uptime and revenue, as well as a net good influence on the planet.

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Nidhi Chaturvedi

"All day work and no creativity makes Jill a dull girl."
With an extensive background in public relations and digital marketing, Nidhi Chaturvedi is an expert in both. This work led her to her current role as CSO, where she is responsible for strategizing, handling marketing and pitching, and designing campaigns for clients in Energy Dais.

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mm

Nidhi Chaturvedi

"All day work and no creativity makes Jill a dull girl."
With an extensive background in public relations and digital marketing, Nidhi Chaturvedi is an expert in both. This work led her to her current role as CSO, where she is responsible for strategizing, handling marketing and pitching, and designing campaigns for clients in Energy Dais.





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