How much does a workplace EV charging station cost?
Typically, workplace EV charging installations can cost between £1000 - £2,500 in total, depending on the type of EV charger you choose to have installed. Rapid chargers tend to be the most expensive kind of EV charger to install, due to their fast and convenient charging times.
What are the benefits of a workplace EV charging station?
Getting a workplace EV charging station installed on your company premises can bring a number of benefits. Firstly, it can help to cut costs in the long run as according to research, a workplace EV charger could help you save over £1,000 a year in commercial fleet and staff fuel costs per 10,000 miles.
Secondly, investing in workplace EV chargers for your business can make charging electric vehicles more convenient for your staff. Plus, EV chargers can help to boost your business’ green credentials and help you make a good impression on clients and customers.
What is the average payback period for a workplace EV charger?
On average workplace EV chargers can take 3-6 years to provide a return on investment. This will depend on their rate of use.
Are there any workplace EV charging grants available?
Yes, there are grants available to help you with the purchase of your workplace EV chargers. Through the government’s Workplace Charging Scheme, you could receive up to £14,000 towards the cost of your workplace EV charging stations. This initiative provides up to £350 per chargepoint socket for up to 40 sockets per company.
The Workplace Charging Scheme grant is available to any charity, business or public body that wishes to get workplace EV chargers installed. Please note, some conditions may apply.