EV charging with OLEV finance
We can provide Electric Vehicle Charging solutions for the home or businesses. The Government will help support this growth through OLEV Grant Schemes for both domestic and workplace charge-points.
Our team is ready to help with choosing the right charging point models
as well as the grant application process.
0333 123 5464
SaveMoneyCutCarbon® has been approved by OLEV (under the company name Intelligent Resource Management Ltd).
Recent changes to OLEV grants give more support to businesses, organisations and homes to install approved electric vehicle charging points.
The government is keen to promote the adoption of EV charging as part of its wider strategy to reduce emissions up to 2050 and the grants are distributed by the Office for Low Emission Vehicles (OLEV).
Workplace charging scheme
The Workplace Charging Scheme (WCS) helps with initial costs to purchase and install EV charging points.
It is available to qualifying businesses, charities and public sector organisations.
Franchisees are eligible, with maximum of 10 from each franchise that can apply.
The OLEV Grant Application must be made online and following eligibility checks a unique identification voucher code is issued by email, to give to an OLEV-authorised WCS installer and it is valid for four months.
Following installation, the authorised installer claims the grant on the applicant’s behalf via the online installer portal.
The grant application process has six steps:
- Applicant completes on-line application
- Voucher generated
- Installer completes installation
- Installer submits claim on the portal
- Grant level confirmed, up to 75% of the costs capped at £500
- Installer receives grant
In all cases, those seeking a grant will need to use an approved installer.
SaveMoneyCutCarbon has been approved by OLEV (under the company name Intelligent Resource) and the team is ready to help with choosing the right charging point models as well as the grant application process.
Call 0333 123 5464
OLEV recommends that applicants commission a site survey before applying to identify what can be installed. We can help with this – call us on 0333 123 5464.
Applications can be made for further vouchers to cover additional sites and charging points up a maximum of 20 sockets. The OLEV grants are also covered by de minimis state aid rules (allows aid up to 200,000 Euros over a three-year year fiscal period).
Domestic EV charging
The Electric Vehicle Homecharge Scheme (EVHS) has also been updated with higher grants and to include vehicles eligible under the Plug-in Taxi Grant.
Grants of up to 75% of the costs (up to £500) of purchase and installation of approved charging points are available for people who own a new eligible electric vehicle or a second-hand EV purchased since October 1st 2016.
This is not available if they have claimed against the previous charging point scheme.
The scheme is also open to people who have been given a company car or who lease an eligible EV from the same date. It also covers those named by their employer as the primary EV user for a period of at last six months after October 1st 2016.
Those who have ordered an eligible EV are also covered by the scheme.
The application process covers two parts. Each application form requires the registered EV keeper, lessee or named individual to show evidence of ownership, lease or use. Every grant claim needs to be accompanied by a form that includes a customer declaration.
Only authorised installers that have approval from a charging point manufacturer to install their accredited equipment can claim the grant.
Installation must not be more than four months ahead of EV delivery or start date of vehicle use.
The three-step process is:
- Customer completes Part A of Annex D (the customer declarations on the application form), no more than six weeks before installation.
- On the installation day, If a customer is not going to be present, a third party can sign the cost declaration (Part B) on the customer’s behalf on the day.
- The authorised installer claims up to 75% of the cost up to a maximum of £500 on behalf of the customer.
It is important to agree terms for meeting the residual costs with the installer before the work is completed. The grant will only be paid when installation is completed.
The EVHS grant is limited to one installation at a domestic residence per eligible vehicle, up to a maximum of two charging points in one home, provided that the customer has two eligible EVs. The two EV charging schemes are part of the government’s Road to Zero strategy that aims to promote the uptake of EV cars and vans. It is committed to invest £1.5 billion in ultra-low EVs by 2020.
The target is at least 50% of new car sales to be EV with a hope for 70% by 2030, as well as up to 40 per cent of new vans. By 2050, the target is for nearly all cars and vans to be zero-emission.
The Road to Zero strategy also aims to push for all new homes to have EV charging points and for all new lamp posts to have charging facilities.
The government will also set up a £400m Charging Infrastructure Investment Fund to accelerate roll-out of the EV charging infrastructure.
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