Investing in a new energy vehicle charging station requires how much money? Twenty years ago, investing hundreds of thousands of yuan to build a gas station could generate profits of over one million yuan annually, with little concern for competition, as it has become very difficult to approve new gas station sites.

With the increasing number of new energy vehicles, will setting up a charging station be as profitable as gas stations were 20 years ago?

Today, I will share three simple steps to help you understand how to set up a new energy vehicle charging station and discuss the costs and profitability of building one.

Step 1: Determine the location. You need to find a suitable vacant lot and own the land ownership certificate. Once the land is confirmed, you can proceed to the next step.

Step 2: File for record. Log in to the official website of the local NDRC to file for record. After obtaining the record-filing certificate from the NDRC, you can apply for power supply from the State Grid. The State Grid will provide corresponding power supply solutions and approval documents based on your needs. If you are well-prepared, the filing process will be quick. The required documents are listed at the end of this video for download.

Step 3: Construction and inspection. After the filing is approved, you can choose to have the construction done by the State Grid's power department or a third-party team. After construction is completed, you need to invite the NDRC and the State Grid for inspection. Once approved, you will receive a subsidy of approximately 400,000 yuan (subsidy standards vary by province, details at the end of the video).

Let's discuss the costs and profitability of setting up a charging station. Taking 10 DC fast-charging stations with 120KW each as an example, the total cost for transformers and construction is about 600,000 yuan. Each charging station costs approximately 40,000 yuan, with total costs (excluding rent) around 1,000,000 yuan.

For each kilowatt-hour charged by customers, you earn a service fee of 0.6 yuan. Assuming each 120KW DC charging station operates for 6 hours a day, it can charge 720 kilowatt-hours. Calculating based on 500 kilowatt-hours per day, 10 charging stations can sell 5,000 kilowatt-hours daily, earning 3,000 yuan per day, approximately 90,000 yuan per month.

After deducting site fees and basic maintenance costs, you can make a profit of 70,000 to 80,000 yuan per month, resulting in a net profit of over 900,000 yuan annually. Adding government subsidies, you can recoup your investment in less than a year.