Fleet News

EV chargepoint grant scheme confirmed for another year

EV charger

The electric vehicle homecharge scheme and workplace charging scheme have been confirmed for another year by the Office for Low Emissions Vehicles (OLEV).

It has also confirmed the continuation of the on street residential chargepoint scheme for another year.

From April 1, 2020, the grant will be set at £350 towards the cost of purchase and installation of a chargepoint at home through the electric vehicle homecharge scheme, and £350 towards a chargepoint socket at work through the workplace charging scheme. This is a reduction from £500.

Businesses are now allowed 40 sockets under the workplace charging scheme, up from 20.

The grant has also been extended to include larger electric motorbikes.

Local authorities can apply for a grant to cover part of the capital costs of installing chargepoints for residents who lack off-street parking. The grant rate will be set at £6,500 per chargepoint – extendable to £7,500 in certain circumstances.

To date, more than 120,000 domestic chargepoint installations have benefited from grants as well as more than 6,500 workplace installations, across the UK.

The Government says reducing the grant rate will enable more people to benefit from both schemes and provide better value for money for the taxpayer.

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