Increased grants for EV charge point installations

The government has announced an increase of over 40% in charge point grant amounts enabling businesses, landlords and renters to save up to £500 on installing an electric vehicle (EV) charge point from 1st April 2027. Previously, the grant provided a discount of £350.

The increase could cover almost half the typical installation costs until March 2027 and make it easier for EV users to access cheaper electricity rates at home or work to charge their EV. Schools will also be eligible for grants of up to £2,000 per socket.

It’s hoped that expanding access to home charging will help more households switch to an EV.

Updates to the scheme will also simplify the current EV charge point support schemes available by reducing the previous eight grant types to five, making the system easier to navigate.

The electric car grant, which provides a discount on buying an EV, continues to be available, offering savings of up to £3,750. This is reported to have been used by more than 55,000 drivers to date.

Support is also available through local authorities for residents who do not have driveways to be able to install discreet, embedded pavement channels, meaning those with on street parking can install an EV charge point. This is in addition to the £500 installation grant.

EVs continue to receive preferential tax treatment, which can be worth exploring if you’re considering a new vehicle.