A closer look at how government subsidies, like OLEVβs Electric Vehicle Homecharge scheme, is opening up brand new business opportunities for installers of EV charging points.
This is proving to be a very positive year for Electric Vehicle (EV) and Plug-in Hybrid Electric Vehicle (PHEV) sales in the UK, presenting a fresh business opportunity for electrical contractors to introduce a new revenue stream installing EV charging points. UK-based manufacturer Rolec Services, suppliers of one of Europeβs largest range of EV charging points, is currently offering the lowest priced EV charging units under the grant funded scheme.
Demand for domestic, commercial and public facing EV charging points is rapidly increasing as motorists continue to recognise, in ever increasing numbers, the financial benefits of switching to an EV. This rise in popularity has also been partly fuelled by government subsidies on offer to householders in the form of the Office for Low Emission Vehiclesβ (OLEVsβ) Electric Vehicle Homecharge scheme.
The introduction of OLEVβs Electric Vehicle Homecharge scheme (EVHS) is part of the governmentβs strategy for introducing ultra-low emission vehicles and plug-in vehicle infrastructure. Customers accepted for the scheme will receive a grant of 75% of the cost of the installation up to a maximum of Β£500. According to OLEVβs Guidance for manufacturers and installers: 1 July 2016, “the grant must only be claimed by installers that have been authorised by OLEV and have approval from a chargepoint manufacturer to install their accredited equipment.”
The guidance material also adds that, βall new installers wishing to participate in this scheme must apply for authorisation. All installers who have been granted authorisation since 1 September 2014 under the EVHS scheme remain authorised under the EVHS.β
Grant Funded β Home Charge Point Installations
“The opportunities for the electrical contractor to add the installation of EV charging points to their portfolio is huge and is anticipated to grow at a rapid pace for the foreseeable future,” said Rolec Managing Director, Kieron Alsop.
“As well as the opportunities surrounding domestic charge point installations, there is an even greater business potential for the installation of EV charging points in the commercial and public facing sectors β such as the workplace, retail locations, hospitality and leisure venues, airports, etc.”
All local authorities throughout the UK are also embarking on a rolling programme of implementing EV charging networks in their cities, towns and villages β with many planning applications already stipulating that EV charging considerations are mandatory as part of gaining planning approval.
Clearly the future of road transport appears to be heading towards an electric vehicle future and this surely has to be electrical contractorsβ biggest opportunity since the introduction of solar power.
Some Key points from the Office for Low Emission Vehicles βElectric Vehicle Homecharge Scheme Guidance for manufacturers and installers: 1 July 2016β:
- The grant is set as a 75% contribution to the cost of one chargepoint and its installation and the grant cap is set at Β£500 (including VAT) per eligible vehicle.
- Customers must provide evidence of keepership, lease, be named as the primary user of an eligible electric vehicle or have a vehicle on order in order to be able to qualify for the grant.
- The grant must only be claimed by installers that have been authorised by OLEV and have approval from a chargepoint manufacturer to install their accredited equipment.
- All new installers wishing to participate in this scheme must apply for authorisation. All installers who have been granted authorisation since 1 September 2014 under the EVHS scheme remain authorised under the EVHS.
For more details on the EVHS scheme visit: www.gov.uk/olev
