The Office for Low Emission Vehicles (OLEV) has announced that the grant for installing electric car charging points at home or at work has been extended, however, the amount for each grant will be reduced to £350.
The new grant information means homeowners and businesses alike can still benefit greatly from huge savings, meaning payment of just £400 for install. For businesses, owners can benefit from grants for up to 20 charging points per site with a grant of up to £7,000.
The detail was announced in the latest government budget announced by the Chancellor at the end of last week. The start of the new grant will come from 1 April 2020. Until this time, the previous grant of £500 per charging point installation will still count.
Speaking on the change to the OLEV grant, Jim Sweeney, owner and founder of Go Electric said:
“The extension of the OLEV grant for electric car charging point installation is great news for the industry.
“We are starting to see an incredible movement in the logistics for the electric vehicle network and this will be a real positive to help that continue at pace.”
Benefit from the OLEV grant before changes take place
]There is still time to access the OLEV grant at a higher rate of £500 per install if you have the work confirmed by the end of March 2020.
Speak to a member of the Go Electric team who will help you on your electric journey.
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