Electric power on the rise

 

The Transport Secretary, Chris Grayling, has announced aims to make it easier to recharge electrical vehicles than refuel petrol or diesel cars with hundreds of thousands new charge points.

 

New build homes and offices will all be assessed to see if they should be required to install charging points as standard. New street lighting columns with on-street parking will also have to include charging points.

Only 5.5% of the UK’s new car market were hybrids and pure electrics in the first six months of 2018 - compared with 4.2% during the same period in 2017. The RAC Foundation, a study for motoring research charity, found that the growth in electric car use could be hindered by shortfall in charge points available to the public. Without widespread, easy-to-use and reliable charging points, the mass market appeal of ultra-green vehicles may be limited, the report warned.

 

Evidence shows that most plug-in vehicle owners will charge their vehicles at home more than anywhere else. The availability of accessible and affordable domestic charging options is therefore crucial to increasing the uptake of plug-in vehicles in the UK.

 

Hence, the government’s Road to Zero strategy includes taking steps to enable a massive expansion of infrastructure to support the electric vehicle revolution and reduce the carbon footprint of the country.

 

The Electric Vehicle Homecharge Scheme aims to help subsidise some of the cost by providing 75% (capped at £500 inc. VAT) per eligible vehicle for owners to buy and install a charge point in their home. To be eligible, you must have off-street parking associated with your property.

 

There is also going to be an increase in the value of grants available to workplaces and offices under the Workplace Charging Scheme, so people can charge when they are at work. This is open to organisations being either a registered business, charity, or public-sector organisation evidenced by a Companies House Reference Number. Again, there must be off-street parking.

If you are a residential property developer looking at installing electric charging points in your new builds, considering installing charging points at your workplace, or are thinking of buying a new build home and would like advice on how the new schemes can be of benefit to you, then our Property team can help. You can contact us by calling 0161 941 4000 or emailing lawyers@myerson.co.uk

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