Whether you are considering commercial charging for your business fleet or want to support your employees who have or would like to switch to an EV, there are government incentives available to help build the charging infrastructure needed. The support is primarily available to encourage more drivers and businesses to adopt EV’s sooner as we progress towards the ban on new petrol and diesel cars in 2030.  

Reduce your up-front cost with the OZEV grant – what you need to know 

The Office for Zero Emission Vehicles (OZEV) is a team working across the Department of Transport and Department of Business, Energy and Industrial Strategy to support the transition to zero emission vehicles in the UK. Essential to help us reach net zero targets as well as creating cleaner air in our towns and cities.  

To support this transition, OZEV are responsible for the funding to help build out the necessary chargepoint infrastructure to support more EV’s on our roads.   

Grants currently available 

WCS (Workplace Charging Scheme) 

The workplace charging scheme not only supports adoption of electric vehicles for your business fleet, it can also support employees who want to drive an EV but have a lack of charging capabilities at home.  

By installing chargepoints at your business, you are entitled to up to £14,000 towards the cost of the installation.  

The workplace charging scheme is a voucher-based scheme that helps to reduce the initial investment needed for the purchase and installation of EV chargepoints.  

It is open to businesses, charities and public sector organisations that meet the eligibility criteria.  

This grant covers up to 75% of the total costs (inclusive of VAT) and capped at maximum of £350 per socket, which can be applied to a maximum of 40 sockets across the site per applicant business. 

How to apply for WCS voucher  

Applicants need to complete an online form and when successful are issued with a unique identification voucher code.  

The applicant must prove that the charging is to support business and employee vehicles at off street parking and not for customer use.  

Once the installation is complete, Stark Charge, as an OZEV approved installer, will then claim the voucher amount on your behalf to deduct this from your final chargepoint installation invoice.  

If you apply for less than 40 sockets but decide to increase the number of chargepoints you have in the future, or want to roll out across other company sites, you can still apply for funding until you reach the limit*.  

To qualify for the WCS, a company must: 

  • Be a registered business, charity or public sector organisation 
  • A public authority – this includes government departments, local governments, NHS, emergency services, the armed forces
  • Have received less than 200k euros of public support in the last 3 financial years 
  • Declare a need for EV charging equipment or intent to encourage uptake among staff and/or fleet 
  • Have dedicated off street parking for staff and fleet use 
  • Own the property or have consent from the landlord 
  • Customer parking is not eligible for WCS. 
  • Only existing parking facilities qualify, those not built yet do not qualify, 

Before you apply contact us to discuss your needs and requirements. We’ll take this into account and then arrange a site survey to get a clearer idea of costs. 

And there is more… 

Electric vehicle chargepoints are eligible for 100% capital allowances. Even better however, in April 2021 the treasury announced a super deduction which could mitigate chargepoint hardware and installation costs even further. 

With the super deduction businesses may receive up to 130% first year relief, to mitigate up-fronts hardware costs, offering a compelling tax break on corporation tax liability.   

Effectively, this allows companies to cut their tax bill by up to 25p for every £1 they invest. To qualify the company must use the chargepoint for their own business. 

But hurry… 

This additional tax relief will be ending in March 2023, so companies have a small window of opportunity to reduce upfront costs even further.  

Contact us now to learn more   

 

*There are special considerations in place if for businesses with a group of enterprises but could be considered a single entity.