OLEV Grant for flat owners and renters - what can I claim?
Changes to the OLEV Grant came in to effect on the 1 April 2022. However, if you are a homeowner living in a flat or someone renting a flat or single-use property, you are still eligible to receive grant funding.
Beginning 1 April 2022, renters and leaseholders can receive a grant of up to £350 (or 75% of the cost whichever is lower) per person to purchase and install a charge point. However, the renter must have an approved electric vehicle (the current list can be found here) and off-street parking to be eligible for the assistance. Additionally, the renter will also need to have their own electric meter and power supply.
The UK government's purpose for making this change is two-fold. As the country transitions from gas-powered to electric-powered vehicles, there is hope this new grant will drive up sales among renters and leaseholders. In addition, it provides access to charging points for people living in multi-unit buildings and more densely populated areas.
The EV chargepoint grant replaces the Electric Vehicle Homecharge Scheme (EVHS).
Eligibility criteria:
- you own and live in a flat or you rent any residential property
- you have private off-street parking
- you own an eligible vehicle (per the above list)
Only OZEV-approved installers can apply for the grant on behalf of the renter or leaseholder.
History of the OLEV Grant?
The UK government is funding a package worth £2.8 billion in its effort to support businesses and individuals in making the transition from vehicles that use petrol to electric cars. Because the office changed its name to the Office of Zero-Emission Vehicles in late 2020, you may know it as the OZEV Grant.
Even if the name has changed, it still has the same intent: encourage the use of electric cars that cause less air pollution and promote a cleaner and greener environment. Since its inception, the grant has targeted individual homeowners, but that is all about to change.
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Who No Longer Benefits From the OZEV Grant?
Suppose you are a homeowner looking to take advantage of the EV chargepoint grant. Since the 1st April 2022 individual homeowners have lost their eligibility.
However, if you are a homeowner living in a flat or someone renting a residential property, you are still eligible to receive grant funding.
The UK government has seen a substantial increase in the number of electric vehicles on the road and now wants to shift the OZEV grant to other population segments, specifically in more populated areas.
Benefits of Having an EV Charger
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- Reduced carbon emissions - Electric vehicles emit up to 30% less carbon than cars running on petrol or diesel. This statistic is great news for everyone, as it helps improve local air quality and helps us meet our climate change targets.
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- Helping the environment - Not only do electric vehicles produce zero emissions at the point of use, but their manufacture also generates significantly fewer pollutants than traditional petrol or diesel cars. So by having an EV charger installed, you can feel confident you're helping make your community a cleaner place to live.
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- Financial savings - Charging your electric vehicle at home rather than using public charging points can save you money in the long run. Most people will save 50% more by charging at home.
If you lease a flat or live in a multi-unit building, you will need to discuss the installation of EV chargers with your landlord or apartment block owner. Here are some talking points you can use when having that discussion:
Be sure to have all of your facts and supporting documentation when you make your request.
- Inform your landlord of how much more electricity will be used due to an EV charger.
- Discuss how the installation of an EV charger will increase the property's value.
- Tell your landlord about the OZEV grant and any other financial incentives.
- Let your landlord know that more people are purchasing electric cars, and potential tenants will appreciate the opportunity to live in a green community.
- It would entice other renters to know they live in a flat or apartment and still have access to their own charging station.
Need Help Getting Started?
If you want to learn more about the OZEV scheme, then OLEV Grant is a great place to start. They can assist you in determining which is appropriate for where you live, as well as which charger types are compatible with the electric vehicles on the market. In addition, the OLEV Grant team will find an installer that is accredited by the OZEV.
From 1 April 2022, the OLEV/OZEV grant will provide incentives for both tenants and leaseholders. It's critical that you know exactly what you're eligible for and how to apply for the scheme. More information is available on our website or by contacting our team of specialists. We're here to assist you in making the process as simple as possible.
You may have a long wait to get the charger installed, so you don't want to delay initiating the process.
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