Leading the Global Charge
Starting in April, the British government plans to adjust the charging subsidies for electric vehicles, and some major charging pile installation funding plans will face major changes.
In this post, we’ll cover all the important information ahead of these changes to help you stay up to date and enjoy the savings.
The Office for Zero Emission Vehicles (OZEV) recognizes the many benefits of investing in electric vehicles and therefore offers these subsidies.
From reducing local air pollution to getting rid of congestion charges, it’s all part of Britain’s plan to phase out petrol and diesel cars by 2030 and improve the country’s carbon footprint.
Some subsidies, such as plug-in car subsidies, will continue to remain in place beyond the end of this month. However, with April just around the corner and several EV charging subsidies slated to change, now is an excellent time to find out what’s coming up so you don’t miss out on possible savings.
The Home Charging Scheme is one of the EV charging subsidies that are about to change. Its initial aim is to offer UK households with dedicated off-line parking spaces up to 75% of the cost of installing electric charging piles.
However, from the end of this month, owners of detached, semi-detached, townhouses and bungalows will not be able to access the subsidy. There is a new focus on accelerating the provision of electric charging points for rental housing and social housing, with reformed subsidies for tenants, landlords and building owners.
People who live in flats or other rental accommodation can apply for up to £350 in subsidies for the cost of installing electric car charging points.
You need to have an eligible electric vehicle (EV) and a dedicated off-line parking space to apply for the subsidy.
Landlords and social housing providers can receive a subsidy of up to £350 (per socket) for the cost of charging points, up to 200 applications per year.
The building being applied for must be a registered business or public institution to be eligible for this electric vehicle charging subsidy.
Apartment building owners can access an additional subsidy of up to £30,000 for installation costs, up to 30 times a year.
The amount given will depend on the number of parking spaces already equipped with charging sockets (up to £850 per parking space), or if applying for future installations (up to £500 per parking space).
There is no limit to the number of charging piles that can be applied for within the subsidy budget (a minimum of five charging piles is required to qualify).
Applicants must meet the same criteria as non-resident building owners, whether private entities or not.
While OZEV will continue to offer the scheme, from April it will also offer small and medium-sized businesses some additional funding options to encourage faster charging installations.
Businesses can apply for a fee subsidy of up to £350 (per socket) for the installation of charging piles dedicated to employees, up to 40 times per company per year.
Applicants must be registered as a company or have an existing Value Added Tax (VAT) registration.
Small accommodation businesses (such as campsites and hotels) and charities can receive the electric vehicle charging subsidy to provide charging points for guests or visitors.
Up to £350 in subsidy for installation costs per socket, up to 40 subsidy places per year.
Applicants must be registered charities or accommodation businesses with fewer than 250 staff and have dedicated off-line parking spaces.
Commercial rental properties can apply for this electric vehicle charging subsidy to install charging points for current or future commercial tenants.
Up to £350 subsidy per socket, up to 100 applications per year.
It must be a registered business or public institution, and if it is a private business, it must meet the same conditions as EVHS.
Additional help for small or medium businesses with fewer than 200
An additional fee subsidy of up to £15,000 per building is available for installing charging points in designated staff car parks, up to five times a year.
The amount given will depend on the number of parking spaces already equipped with charging sockets (up to £850 per parking space), or if applying for future installations (up to £500 per parking space).
Applican ts must be registered with a company or have an existing Value Added Tax (VAT) registration to be eligible.
If you want to benefit from these generous subsidies, you can rely on GK.
As an approved charging pile manufacturer, we provide safe and reliable electric vehicle charging piles with professional R&D and technical support.
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