Tesla Model 3 plugged in

Electric vehicle Charging-as-a-Service

Monthly subscription-based EV charging

What is Charging-as-a-Service (CaaS)?

Enel X Way’s CaaS offering is more than just financing. CaaS allows our customers to access to EV chargers with no up-front costs, pay in a way that makes sense for your business, and guarantee outcomes that are important for your business. Enel X Way offers three different ownership models (lease, loan, CaaS) and can help assist you with the right option for your business.

CaaS & financing options compared

 

Features

Lease

Loan

CaaS

Upfront costs
None
None
None
Payment frequency
Monthly
Monthly
Monthly
Term
Typically 5-7 years
Typically 5-7 years
Typically 5-7 years
Ownership
Service provider; transferred to customer at end of term for $1
Customer 
Service provider
O&M
Warranty based on term, O&M is separate
Warranty based on term, O&M is separate
Included with uptime guarantee (99%)
Balance Sheet Implications
Customer has leased asset on balance sheet
Customer has liability for loan obligation, plus asset
Service Provider has asset on its balance sheet

How CaaS works

 

Why Enel X Way?

Enel X Way is a global leader in smart electric vehicle charging solutions with over 500,000 charging ports worldwide, including roaming agreements. As a subsidiary of Fortune 200 renewable energy leader, the Enel Group, Enel X Way is committed to providing smart mobility solutions for drivers, businesses and partners to make driving electric simple. Enel X Way's flagship home charging station, the JuiceBox, has been named the "best EV charger overall" in 2022 by CNET, Car and Driver, and more.

*Inclusive of Enel and Enel X Way business operations