Drivers could save half the cost of EV charger installion with new government grant boost

The government has announced an increase in its EV charge point grant for renters, flat owners, businesses and households without a driveway. 

Until March 2027, drivers could save half the typical cost of an EV charger installation with the government’s grant, which has now increased from £350 to £500. 

The change will allow EV owners to access cheaper electricity rates at home or at work for as little as 2p per mile – the equivalent of Birmingham to London for £3.50. 

Increased access to charging at homes and businesses is part of a wider plan to gear drivers up for the upcoming “EV revolution”.  

The latest figures show access to domestic charging can save EV owners up to £1,400, compared with standard petrol vehicles. 

Schools will be eligible for a grant of up to £2,000 per socket, helping to build on the 3,700 sockets already installed. 

Another government scheme aimed at increasing adoption, the £2 million Electric Car Grant, has previously helped 55,000 drivers save thousands when purchasing a new electric vehicle. 

Aviation, Maritime and Decarbonisation Minister, Keir Mather said:  

“We’re taking action to make EV ownership the affordable choice for everyone – not just those with driveways. Bigger grants mean families, flat owners, renters and small businesses can now install a charger for almost half the usual cost, with home charging costing as little as 2p a mile. 

“Combined with our Electric Car Grant which has saved over 55,000 drivers thousands off the price of a new EV whilst boosting sales for carmakers, and record funding for our national public charging network, we’re backing the EV revolution for drivers, businesses, and industry.”