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EV Grant Funding
Unlock Grant Funding for Your EV Charging Solution with Advanced EV
At Advanced EV, we are dedicated to helping businesses and organisations of all sizes transition to electric vehicles (EVs) through affordable and seamless EV charging solutions. With various UK government grants and funding options available, you can reduce installation costs and future-proof your business for the EV revolution. Below are some of the key grants and funding programs currently available for commercial EV charging installations.
1. Workplace Charging Scheme (WCS)
The Workplace Charging Scheme is a government voucher-based program designed to help businesses install EV charge points for employees and fleet vehicles.
•Funding Available: Up to 75% of the total cost of purchase and installation, capped at £350 per socket, with a maximum of 40 sockets per business.
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•Eligibility: All businesses, charities, and public sector organisations in the UK are eligible, provided they have dedicated off-street parking for their employees.
2. On-Street Residential Chargepoint Scheme (ORCS)
The On-Street Residential Chargepoint Scheme supports local authorities in providing accessible EV charging infrastructure.
• Funding Available: Up to 60% of the cost of installing on-street EV chargers, with the possibility of increased funding for higher uptake areas.
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• Eligibility: Local authorities in England, Scotland, Wales, and Northern Ireland. Businesses can benefit from local authority partnerships through shared charging initiatives.
3. EV Infrastructure Grant for Small to Medium-Sized Enterprises (SMEs)
This scheme is specifically aimed at helping SMEs with the cost of installing EV charge points and associated infrastructure.
• Funding Available: Up to £15,000 per SME, covering multiple charge points across sites.
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• Eligibility: UK SMEs with fewer than 250 employees, dedicated parking for their fleet or employees, and no existing charging infrastructure are eligible.
4. Government Grants for Educational Institutions
Advanced EV is an approved education sector EV company offering state-funded schools access to grant funding until 2025.
• Funding Available: Up to 75% of hardware and installation costs, capped at £50,000 per school.
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• Eligibility: State-funded schools across the UK can take advantage of this grant to lower the cost of transitioning to EV charging infrastructure.
