The Department for Transport (DfT) has announced the Workplace Charging Scheme (WCS) will be expanded to include small and media enterprises along with charities. The voucher-based scheme has been handed a £50m boost, along with the Electric Vehicle Homecharge Scheme (EVHS).
How is the boost going to benefit businesses?
The changes to the scheme now mean that small accommodation business, such as B&Bs can benefit from the funding. According to the DfT, this will help increase the EV charging stations in rural areas.
Rachel Maclean, Transport Minister, says the announcement takes us one step closer to building and operating a public charge point network that is “affordable, reliable and accessible for all drivers”.
The investment coincides with the announcement of a new consultation on the state of charging in the UK. The DfT says it wants to simplify charging payments and make the chargers more reliable. These improvements and investments will help achieve the aim of banning all new ICE vehicles sales in the UK by 2030.
What is the Workplace Charging Scheme (WCS)?
The program supports businesses with the upfront cost of installing electric vehicle chargers at workplaces. As a result, the businesses can use the scheme to help reduce the cost of installing electric vehicle chargepoints for their staff by up to £14,000.
The scheme is a government ran programme, operated by the Office for Low Emission Vehicles (OLEV).
Furthermore, the scheme reduces the purchase and installation cost for new workplace charges (single socket) by 75% (up to £350 per socket). A single business can claim up to 40 chargepoints, either 40 single socket or 20 double sockets. However, the scheme is only applicable for new chargepoints so, companies cannot retrospectively claim for existing chargepoints.
To apply for the scheme, first businesses must complete an online application. Afterwards, they will be emailed a voucher code to show to the approved installer. The installer will use the code to claim the grant after the installation is complete. From the date of issue, the voucher code is valid for 120 days.
Who qualifies for the scheme?
Unfortunately, not all businesses will qualify for the scheme. So, when applying, it is important to check the conditions. Some of these include:
- Businesses must have sufficient off-street parking.
- Express an existing or future need for electric vehicles within the company.
- The charging station must be installed by an OLEV-approved workplace charging station installer.
What are the benefits of EV charging stations for businesses?
Businesses who install EV charging stations have a range of benefits available to them. For example, they can save more than £1,000 on commercial fleet and employee fuel per 10,000.
Additionally, having an EV charger at a workplace makes drivers six times more likely to switch to an EV, which will have a positive effect on the environment.
Furthermore, employee Benefit in Kind tax will be reduced for company cars. Finally, a green fleet will help reduce the company’s CO2 emissions and reach green initiative targets.
If you would like to find out more about workplace EV chargers, or looking for funding solutions, get in touch with us today.