The Workplace Charging Scheme (WCS) is a government initiative that offers financial support to eligible employers who want to provide charge points for their employees.
The scheme provides a grant of up to £350 per socket towards the cost of installing workplace charging points. Employers can claim back up to 80% of the costs, up to a maximum of £14,000 when they offer electric vehicle charging at their workplace. .
Electric cars are now common and charging them is part and parcel of our day-to-day lives. The cost of installing EV chargers can be somewhat overwhelming, but with the help of the Workplace Charging Scheme, you can get some relief. In this article, we will look at the details of the WCS, how it works and who is eligible for it.
Benefits of Electric Vehicles
There are many benefits to driving an electric car, including:
- Reduced emissions – electric cars are known as zero-emission vehicles because they do not produce any emissions, which is great for the environment.
- Low running costs – you can save money on fuel and maintenance costs with an electric car.
- Government incentives – there are a number of government initiatives in place to encourage people to switch to electric cars, such as the Workplace Charging Scheme.
With the numerous benefits that electric vehicles offer, the UK government has been providing a wide range of incentives. This is to encourage the use and eventually full transition to the use of electric cars. Charge point installation is awarded incentives like the OLEV workplace charging scheme.
What is Workplace Charging Scheme?
The Workplace Charging Scheme is a government initiative that offers financial support to eligible employers who want to provide charge points for their employees. The scheme provides a grant of up to £350 per socket towards the cost of installing workplace charging points.
The maximum number of sockets that a company can get a grant for is 40, at a maximum cost of $350 per socket. However, if you are using double sockets, you are entitled to a maximum of 20 double sockets.
The Workplace Charging Scheme is part of the OLEV (Office for Low Emission Vehicles) Workplace Charging Challenge which is a government-funded program to support the uptake of electric vehicles.
The intention of the scheme is to make it easier for employees to charge their EVs at work, and to encourage businesses to switch to low emission vehicles.
What are the benefits of the Workplace Charging Scheme WCS?
There are many benefits of the Workplace Charging Scheme, both for employers and employees.
For employers, the main benefit is the financial support that they can receive towards the cost of installing workplace charging points. This can make a big difference in terms of the overall cost of installing electric vehicle charge points.
Another benefit for employers is that they can use the Workplace electric vehicle Charging Scheme as a way to promote their business as being environmentally friendly. This can be a great marketing tool, especially for businesses that are trying to appeal to eco-conscious consumers. All company cars can conveniently be charged.
For employees, the main benefit of the Workplace Charging Scheme is that it makes it easier for them to charge their EVs at work. This can be a big convenience, especially if they don’t have access to home charging. This also a a big way to save on the employee fuel costs.
Another benefit for employees is that they may be able to get a discount on their workplace charging, depending on their employer’s arrangements with the Workplace Charging Scheme.
How does the Electric Vehicle Workplace Charging Scheme work?
The Workplace Charging Scheme is a government initiative that provides financial support to eligible employers who want to provide charge points for their employees.
However, there are requirements that must be met for one to be eligible for this scheme. Some of the main factors include:
- You need to have adequate off-street parking
- The chargers cannot be for residential use; this only applies to business, organization and charity EV chargers.
- The installation must be done by OLEV approved installer
- The business, organization or charity must be registered with the Workplace Charging Scheme
If you meet the criteria above, you can apply for the Workplace Charging Scheme. The first step is to get a quote from an OLEV-approved installer. Once you have this, you can then apply for the grant.
If your application is successful, you will receive a voucher that covers up to 75% of the costs of installing electric vehicle chargepoints, up to a maximum of £350 per socket.
You can then use this voucher to get a discount from your installer. Once the installation is complete, you will need to register the charge points with the Workplace Charging Scheme.
Why You Need EV Charging Points for Your Business
If you are a business owner, there are several reasons why you should consider installing EV charging points.
The first reason is that it can be a great marketing tool. Having EV chargers shows that your business is environmentally friendly and committed to reducing its carbon footprint. This can be a big selling point for eco-conscious consumers.
Another reason to install EV chargers is that they can help you save money on your energy bills. EVs are much more efficient than petrol or diesel cars, so you will use less energy overall. This can lead to significant savings on your energy bill.
Lastly, installing EV chargers can help you attract and retain employees. Employees who own EVs will appreciate the convenience of being able to charge their cars at work. This can be a big selling point when recruiting new employees.
Conclusion
If you are considering installing electric car charging points, the Workplace Charging Scheme can help you cover the costs. This scheme provides financial support towards the cost of installing workplace chargers. You can receive up to 75% of the costs, up to a maximum of £350 per socket.
Installing EV chargers can be a great marketing tool and can help you save money on your energy bills. It can also help you attract and retain employees. If you are considering installing EV charging points, the Workplace Charging Scheme can help you cover the costs.
