How a Florida HOA Adds EV Charging With No Money Down

Short answer: a Florida condo or HOA can add EV charging under Florida Chargers' Share the Revenue program and earn 50% of net charging profit for the full term. Financing is available for qualified associations to cover the electrical infrastructure and installation with no money down, so the project can start without a capital outlay from reserves or a special assessment.

How Share the Revenue works

The association invests in the professional installation and Florida Chargers owns and operates the charging equipment — the association does not own the equipment. Tesla Wall Connector hardware is included, and the association earns 50% of net charging profit in the full term. Financing is available for qualified associations to cover the electrical infrastructure and installation with no money down. Florida Chargers handles design, permits, installation, networked billing, driver support, uptime monitoring, and on-site maintenance end to end. Typical installed cost runs $5,000–$8,000 per port before incentives. FPL's EVolution Make-Ready Credit is open at up to $1,200 per port for Level 2 charging, first-come until the program budget is depleted, and Duke Energy Florida's Commercial Charger Prep Credit covers wiring, panel, and conduit work while excluding hardware and permits.

Financing for qualified properties

Financing is available for qualified properties to cover the electrical infrastructure and installation with no money down, so a project can start without drawing on reserves or levying a special assessment. The structure is confirmed for each site during the free site assessment.

A note on hardware

Florida Chargers installs the Tesla Universal Wall Connector. "Universal" means it charges every EV on the road — not just Teslas — thanks to its NACS connector plus built-in J1772 adapter compatibility. Any make and model plugs in at the same station, with no mandatory per-session fees and no forced network subscription.

Does your board need a membership vote?

For condominium associations, Florida Statute 718.113(9) provides that a board installing EV charging on the common elements does not constitute a material alteration — which generally means no full membership vote is required. This applies to condominiums governed by Chapter 718, and many declarations contain their own material-alteration provisions, so the association should have its counsel review its specific declaration first. Homeowners' associations (HOAs) are governed by Chapter 720 and do not have the same statutory carve-out, so HOA boards should confirm their own approval requirements with counsel.

This is general information, not legal advice. Associations should confirm specifics with their own attorney.