The EV Charging Financial Analysis Tool equips users with critical information on the financial performance of electric vehicle charging projects. The Microsoft Excel-based tool is capable of evaluating a variety of business arrangements, including sophisticated public-private partnerships. The tool uses the discounted cash flow method to evaluate the financial performance of a charging project through a variety of revenue streams over the lifetime of the charging equipment. The tool is highly flexible, with over 100 inputs and supports customizable sensitivity variables.

The tool was originally developed by the Cadmus Group in partnership with the Center for Climate and Energy Solutions as part of a study commissioned by the Washington State Legislature’s Joint Transportation Committee to identify business models for financially sustainable, private-sector funded charging networks. The study was conducted from May 2014 to March 2015. The final report can be downloaded from the Joint Transportation Committee website.

Atlas Public Policy has made all updates to the tool beginning with version 2.0.

Last Updated: April 2019

Release Notes

Version Date Author Organization Revisions
2.10 4/11/2019 Nick Nigro Atlas Public Policy Add option for private sector partner to capture electrical grid benefits. Added support for multi-variate scenario analysis (undocumented feature). Fixed error in calculation for total energy use and total charging sessions from Outputs Dashboard tab.
2.00 2/3/2017 Nick Nigro Atlas Public Policy Added flexible sensitivity tables. Reformat style; merge Report Worksheet with Outputs Dashboard. Added public benefit variables (climate, energy security, electrical grid). Reworked demand charge modeling. Added support for onsite generation and storage