Apartment owners, landlords, renters and businesses will be able to receive up to £500 in grants for each EV charger under the UK Government’s increased subsidies.
The price increase will cover almost half the cost of installing a typical EV charger until March 2027, allowing thousands more drivers to take advantage of cheaper national electricity prices at home or work to power their cars for just 2p per mile.
Widening access to home charging will allow more households to switch to charging and will help UK companies prepare for the EV revolution. EV drivers can save up to £1,400 on running costs compared to comparable petrol cars when taking advantage of cheaper domestic fares, according to the latest figures.
The move is the latest in a series of government measures to address the two biggest barriers to driving electric cars: initial costs and concerns about finding a charging place.
Supporting drivers in switching to electric vehicles
Now, more than 55,000 motorists are already saving thousands of dollars towards the purchase of a new EV, thanks to the Government’s £2 billion electric vehicle grant.
The scheme offers savings of up to £3,750 on some major car brands and will support the UK car sector, including the Nissan Leaf, which is produced at the company’s Sunderland factory.
Minister for Aviation, Maritime and Decarbonization, Kia Mather, explained: “With electric vehicle grants that have increased sales for car manufacturers while saving more than 55,000 drivers thousands of yen on the price of a new EV, combined with record funding for public EV charging networks across the country, we are supporting an electric revolution for drivers, businesses and industry.”
Simplify your current EV charger installation plan
The update will also simplify the current EV charger support scheme, reducing the eight types of subsidies to five and streamlining the system, making it easier for people to navigate and choose between schemes and discounts.
A £25m scheme was also launched last year to make it easier for residents without a driveway to install home chargers.
The scheme is accessed through local authorities and supports the installation of low-profile recessed pavements, and is in addition to the expanded EV charger installation grant. This means those who park on the street can receive assistance installing chargers and water channels across the sidewalk.
The next update will be available starting April 1, 2026.
People living in rented accommodation, flat owners, residential landlords, households with on-street parking and businesses will all be eligible for a larger grant of up to £500 per charging point, up from the previous discount of £350. Schools will be eligible for grants of up to £2,000 per socket, based on the 3,700 sockets installed to date.
Expanding public EV charging points to serve local communities
Alongside the ECG and home and workplace EV charger installation grants, the government is expanding its network of public charging points across the country, which now numbers 88,500.
Last year, a total of £600m of spending was announced to accelerate charging rollout, building on an additional 100,000 new public chargers that the Government is already helping councils install over the next few years.
Each municipality will receive funding to strengthen local charging infrastructure over the next three years. It also comes alongside the continuation of government-funded support services for local authorities to ensure the installation and location of EV chargers is optimal for their local communities.
BEAMA CEO Iserkla Farmer said: “This grant will make it easier than ever for millions of people to access charging points and offer significant savings compared to driving a petrol or diesel car.”
“This funding continues to bring much-needed market confidence to the sector and will help drive demand as record numbers of drivers switch to electric vehicles.”
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