Over the past few years, the status of private landlords has taken a momentous plunge. Landlords were once seen as a positive force, providing alternative accommodation to council houses or those who couldn’t afford to buy property. While this all remains true, a lot can be done to boost a landlord’s image. If you’re looking for one way to entice tenants, providing a sustainable benefit through EV chargers shows how much you care for your tenants, the property and the world.
This sustainable and eco-friendly switch can either be viewed as a way of future-proofing the property for the rise of e-mobility, or considered as a sensible compromise between the landlord and tenant, resulting in an increase in rent.
There are two grants that landlords can take advantage of: an electric vehicle chargepoint grant (EV chargepoint grant) and an electric vehicle infrastructure grant (EV infrastructure grant). You can even use both of these together on the same property.
Breaking down the EV ChargePoint Grant
The EV ChargePoint Grant provides landlords with support for EV charge points' purchase and installation costs. The scheme allows up to £350 or 75% off the cost per installation of an EV charger socket.
You can apply for 200 residential and 100 commercial property grants for each financial year. These can be used across several properties and installations or for one property.
Breaking down the EV Infrastructure Grant
The EV infrastructure grant gives landlords money off the wider building and installation work required when installing multiple EV chargers, i.e. wiring and groundworks. This work can be for EV charger sockets you want to install immediately or later down the line. The scheme allows up to £30,000 or 75% off the work cost. Although this amount depends on how many parking spaces this work covers.
For each financial year, you can apply for 30 infrastructure grants. Each grant must be used for a different property.
Are you eligible for these grants?
You can apply for the EV ChargePoint Grant and EV Infrastructure Grant if you’re a UK-based landlord with flats, houses, apartments or commercial properties to let, a right to manage company, residents’ management company, company or person owning the freehold of a property, private registered provider or social housing, a charity that manages or owns residential property, a company owning a building’s common areas, or a public sector organisation (i.e. government departments or councils).
You cannot apply if you only rent your property out as a holiday rental, live in the property, or rent the parking spaces from someone else. If you’re a company, charity, or public sector organisation, you must also be registered in the UK to apply. And, if you’re letting out a commercial property, the EV charger can only be used by the building’s staff and not members of the public.
It all starts with a simple phone call. We don’t expect our customers to be experts in EV grants. We know there’s so much to take in and that’s why we’re here to help you every step of the way. To start your EV charging journey, contact us.
