By KLTV Newsdesk –

Drivers could save up to £500 as Government extends enhanced support until 2027

Renters, landlords and businesses across the UK will be able to claim up to half the cost of installing an electric vehicle (EV) charger, saving as much as £500, after the Government confirmed a significant uplift in grant funding for a final year.

From Wednesday 25 February, charge point grants will rise by more than 40 per cent, meaning the funding will cover almost half the cost of a typical installation until March 2027.

The move is designed to open up home and workplace charging to thousands more drivers — potentially cutting running costs to as little as 2p per mile, equivalent to travelling from London to Birmingham for £3.50.

The changes also simplify the support system, reducing eight separate grant types to five, making it easier for households and businesses to identify and access the help available.

Up to £1,400 in Annual Savings for EV Drivers

Renters, flat owners, homeowners without driveways and businesses will all benefit from the expanded scheme.

The increased grants mean installation costs will be significantly reduced, unlocking cheaper domestic electricity rates for more motorists.

Latest figures show EV drivers can save up to £1,400 a year on running costs compared with a similar petrol vehicle when charging at domestic rates.

The announcement forms part of wider Government efforts to address two of the biggest barriers to electric motoring: upfront costs and concerns about access to charging.

More than 55,000 drivers have already saved thousands on a new electric car through the £2 billion Electric Car Grant (ECG), which offers discounts of up to £3,750 on selected models from major manufacturers.

The scheme also supports the UK automotive sector, including production of the Nissan Leaf at Nissan’s Sunderland plant.

Minister: ‘Making EV Ownership the Affordable Choice’

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.”

Higher Grants and Expanded Eligibility from 2026

From 1 April 2026, the following changes will take effect:

• People living in rented accommodation, flat owners, residential landlords, households with on-street parking and businesses will be eligible for grants of up to £500 per charge point, up from the previous £350.
• Schools will be able to apply for grants of up to £2,000 per socket, building on the 3,700 sockets already installed nationwide.

The enhanced charge point grants sit alongside a £25 million scheme launched last year to help residents without driveways install home chargers.

Delivered through local authorities, the initiative supports the installation of discreet, embedded pavement channels, allowing cables to safely cross pavements.

This funding is additional to the main charge point grant, meaning households with on-street parking could receive help with both the charger and the pavement channel.

Expanding the Public Charging Network

Alongside home and workplace support, the Government is expanding the UK’s 88,500-strong public charging network.

Last year, £600 million was announced to accelerate the rollout, building on plans to help councils install a further 100,000 public chargers in the coming years.

Councils will receive funding over the next three years to strengthen local infrastructure, supported by a Government-funded advisory service to ensure charge points are installed in locations that best serve communities.

The Department for Transport has also launched its ‘Get that electric feeling’ campaign, promoting the financial and environmental benefits of switching to electric vehicles.

Small Businesses and Landlords Welcome Move

Tina McKenzie, Policy Chair at the Federation of Small Businesses, said: “Many small businesses want to switch to electric vehicles, with half of small businesses (51%) saying that more charging infrastructure would incentivise them to make the switch.

“Small firms want to cut their emissions and reduce their fuel bills, and removing or lowering the barriers which currently tip the scales against electric vehicle adoption can only be a good thing – for small businesses, for the economy, and for the planet.”

Ben Beadle, Chief Executive of the National Residential Landlords Association, added: “Almost nine in ten landlords with a suitable property would install EV charge points if a tenant asks them to undertake this work.

“Given the extent of landlords’ willingness to provide them, we welcome the Government’s plans to encourage more widespread installation of these points across the sector.

“We urge landlords to make best use of the grants now available where it is feasible for them to do so”.