Wallace Energy, a turnkey commercial solar and EV charging developer based in Key Largo, has introduced a new EV charger migration model that enables commercial property owners to generate revenue from existing charging infrastructure without investing in new hardware or software subscriptions.
The offering allows property owners to migrate their existing EV chargers to Horizon, Wallace Energy’s proprietary charger management platform, in approximately 30 minutes. Under the model, owners incur no upfront software costs or monthly per-port fees and receive a share of revenue generated from each charging session.
According to the company, the solution is designed for commercial sites such as hotels, golf courses, office parks, and multifamily residential properties that previously installed EV chargers as complimentary amenities. By migrating to Horizon, these chargers can be converted into paid charging stations while retaining the existing hardware.
“Owners don’t need to manage another piece of software or take on new work to start earning from a charger they already installed. Wallace Energy runs the migration and the operations that follow it,” said Bobby Wallace, CEO of Wallace Energy.
Beyond software migration, Wallace Energy said it assumes responsibility for charger operations, including billing, driver support, routine maintenance, and remote diagnostics. The company added that property owners receive monthly revenue distributions while operational management remains centralized under a single service provider.
Horizon also provides features such as payment processing, charger utilization monitoring, real-time load management, and remote diagnostics. Wallace Energy stated that its AI-powered self-repair capability can resolve up to 70% of charger faults remotely, while the platform achieved a 97.65% charging success rate across more than 100,000 chargers globally in 2025.
The company said compatibility of existing charging infrastructure is verified through a no-cost site assessment before migration. Wallace Energy also offers an optional land lease model for property owners who prefer not to own charging equipment.
Commenting on the company’s integrated approach, Wallace added:
“A property owner shouldn’t need five vendors to turn a parking lot into a charging site. Design, permitting, installation, and the software that runs it belong under one roof.”
Wallace Energy believes software migration presents an alternative to installing new charging infrastructure by enabling commercial property owners to monetize chargers already in operation. The company expects revenue-sharing models for existing chargers to gain wider adoption as demand for public EV charging infrastructure continues to grow.
