If you opt for an electric vehicle, you could receive a grant to help buy it as well as install a home chargepoint.
The Government wants to see more electric vehicles on the road – so it’s offering Plug-in Grants to reduce the cost to you.
There’s no application form for you to fill out to use the Plug-in Car Grant to purchase an eligible car. The car dealership or vendor will complete all the paperwork for you. Whatever grant you receive will then be automatically deducted from the price of the vehicle at the point of purchase.
Electric Vehicle Interest Free Loan
Although an EV offers the owner significantly lower running costs there is a slightly higher initial cost for these cars. Therefore, to support drivers switching to an EV or hybrid, the Scottish Government is offering interest free loans to help with the financing. The loan works as follows:
- Loans of up to £35,000 to cover the cost of purchasing a new pure electric / plug-in hybrid vehicle.
- Loans of up to £10,000 to cover the cost of purchasing a new electric motorcycle or scooter.
- Repaid over a period of up to six years.
- Second hand vehicles are not eligible.
- The purchased electric vehicle, motorcycle or scooter must be eligible for the ‘plug-in car, motorcycle and van grants’ funded by the Office of Low Emission Vehicles (OLEV).
- The applicant must not currently own an electric or plug-in hybrid vehicle.
- Applications should be completed and received by Energy Saving Trust by the beginning of March 2018.
For more information, to request an application form or learn more about the full terms and conditions please call the Home Energy Scotland advice centre free on 0808 808 2282.
This loan is in addition to the UK Government’s Plug-in Vehicle Grant (discounted at point of purchase).
Home Chargepoint Funding
A charge point at your home is one of the major benefits of owning an Electric Vehicle. When you get home you can just plug-in your car and leave it to charge until you need to head out in your car again. It’s very convenient.
Funding is available to cover part of the cost of installing a home charge point for your electric vehicle via the Electric Vehicle Homecharge Scheme and Energy Saving Trust. Find details on this via the Energy Saving Trust website or you can contact them on 0131 555 9170 or ElectricVehiclesScotland@est.org.uk.
There are also over 900 publically available charging bays across Scotland which make up the ChargePlace Scotland network.