Published on July 1st, 2014 | by Christopher DeMorro0
UK Sets Aside £9 million To Encourage Home EV Chargers
It seems like efforts to encourage EV ownership in the United Kingdom are really kicking into high gear. The U.K. has just earmarked £9 million, or about $15.4 million, to encourage homeowners to install EV charging stations at their residences.
The Green Car Website reports that homeowners will get up to £900, or about $1,500 each for charging stations, which should just about cover the cost and installation of most (but not all) units. People who drive plug-in company cars will also have access to the credit, which was recently put on hold during a review session.
The new credit runs from September 1st until March 15th, 2015, or until the money has been exhausted. In that case, the U.K. would have 10,000 new home EV chargers. This follows an effort by U.K.-based PODpoint to make leasing EV chargers to businesses a lot more affordable.
Other British initiatives, like tax credits and no congestion charges in central London, have helped increase sales of EVs and plug-in hybrids, though diesels still dominate Britain’s many roadways. With easier access to home charging though, maybe electric cars will win a few more converts.