Business funding
As an approved installer 50five can access Government grants to bring down the cost of installing EV chargers are your business. The schemes available can change so keep up to date with what is on offer!/f/108028/909x294/74764a7bb7/parking-and-charging-place-for-electric-cars-picture-id1185953792.jpg)
The Workplace Charging Scheme (WCS) is a voucher-based scheme that provides eligible applicants with support towards the upfront costs of the purchase and installation of EV chargepoints. The scheme is available in England, Wales, Scotland and Northern Ireland (excluding the Channel Islands and Isle of Man).
The WCS is run by the Office for Zero Emission Vehicles (OZEV) and administered by the Driver and Vehicle Licensing Agency (DVLA).
How it works
The WCS is open to businesses, charities and public sector organisations that meet the applicant and site eligibility criteria. The grant covers up to 75% of the total costs of the purchase and installation of EV chargepoints (inclusive of VAT), capped at a maximum of:
£350 per socket
40 sockets across all sites per applicant – for instance, if you would like to install them in 40 sites, you will have 1 socket available per site
After applying using the online application form, successful applicants are issued with a unique identification voucher code by email, which can then be given to any OZEV-authorised commercial chargepoint installer.
Once the chargepoint(s) have been installed, the authorised installer can claim the grant from OZEV on the applicant’s behalf. The chargepoint installation must be completed and the voucher claimed within 6 months of the voucher’s issue date. Claims against expired vouchers will not be paid.
Installers must not charge applicants for the grant in advance of payment being made by OZEV. After OZEV reimburses your installer for the value of your voucher, this cost will be discounted from your final invoice.
If you apply for less than 40 sockets, you can submit additional applications in the future until you reach that limit. Special rules apply for linked enterprises.