Did you know that you could benefit from £350 OLEV EVHS grant funding towards your home charging point? If you have leased an electric (EV) or plug-in hybrid vehicle (PHEV) for at least six months or have purchased an EV/PHEV on or after 1st October 2016, you could be eligible for grant funding towards your EV charging point. Additional requirements for eligibility include:
- Must have off-street parking
- Must install an OLEV approved home charging point (WallPod:EV HomeSmart)
- The date of installation must not be 4 months ahead of the delivery or date you become the registered driver of the EV/PHEV
- An OLEV approved charging point installer must install your charger (there are thousands of Rolec/OLEV approved installers across the UK).
OLEV Workplace Charging Scheme (WCS)
If you’re looking to install electric vehicle charging points at your business premises, you could be eligible for up to £14,000 OLEV WCS grant funding.
Businesses of all shapes and sizes could be eligible for £350 OLEV WCS grant funding per socket at their workplace car park. The maximum number of charging sockets allowed at each location is 40. The following conditions must be met for businesses deploying EV charging infrastructure:
- Must have sufficient off street parking
- Your fleet does not require EVs currently, however you will be required to express the existing or future need for the business.
- An OLEV approved workplace charging point installer must install your charger (there are thousands of Rolec/OLEV approved installers across the UK).
- the Office for Low Emission Vehicles (OLEV) has announced that, due to coronavirus restrictions, it has extended the time-frame for installations of home charge points to receive a £500 grant to April 2021. The mid-March Budget announcement revealed a reduction in the Electric Vehicle Homecharge Scheme (EVHS) grant from a maximum of £500 to up-to £350.
- Because of the short notice of the change in grant, a transition period until 31st May 2020 had been set-up, where qualifying installations applied for before 12th March 2020, and completed before this time, would receive the higher £500 grant. Because of limitations placed upon installations of home charge points due to lock-down restrictions, OLEV has revealed that it is extending this transition period until the end of the financial year – 5th April 2021. This limit means that anyone that qualifies for the EVHS grant, and has applied for a charge point before 12th March 2020, has until the first week of April next year to get the full £500 off the charger.
- Anyone that applied for an EVHS grant after the 12th March 2020 will receive the current funding level of £350 should they qualify.
- These regulations will remain in place until the end of the financial year, or until OLEV updates EVHS guidance further.