As a part of the agreement, the city of Sugar Land has no capital investment in the project and provides the OnPoint EV staff with access to the city-owned properties for use, according to agenda documents.
Additional terms include:
- OnPoint EV will invest approximately $1.6 million to set-up the two sites.
- The city of Sugar land will receive $215 per month per electrical vehicle parking spot with a 3.5% increase per year.
- OnPoint EV will also pay the city of Sugar Land a 10% utilization bonus for each charging station with an annual utilization of at least 6%.
In May 2023,
CenterPoint Energy provided additional transformers to support adding chargers at the sites free of charge, according to agenda documents.
The background
In fall 2021, Sugar Land staff investigated potential spots for EV charging stations, including:
- Sugar Land Regional Airport
- Imperial Park Recreation Center
- Gillingham Public Works Annex
- City Hall
- Brazos Park
- Memorial Park
Ultimately, staff removed city hall “due to infrastructure and property ownership challenges,” and the EV vendor for the remaining sites pulled out due to an internal business model change, according to agenda documents.