If your organisation is looking to install electric vehicle charging points in the near future, act now and save money. This week the government announced that from the 1st of April 2020 the grant for workplace charging scheme (WCS) will be set at £350 towards a chargepoint socket at work through the WCS. This is a reduction from £500 to £350. The new rate will apply to installations on or after 1st April 2020 and will apply to voucher applications submitted on or after 1st April 2020 for WCS.
However they also announced a doubling of the number of sockets allowed under the WCS from 20 to 40. To date over 120,000 domestic chargepoint installations have benefited from HMG grants as well as over 6,500 workplace installations, across the UK. The announcement also said ‘Reducing the grant rate will enable more people to benefit from both schemes and provide better value for money for the taxpayer. These are still key government incentive schemes that will continue to support the deployment of electric vehicle charging infrastructure across the UK. The average cost of chargepoint installations has steadily reduced since the introduction of the schemes, so the decrease is in line with this’