Is Your Business Missing Out on the Workplace Charging Scheme Benefits?

Your business could be missing out on the most important benefits of the Workplace Charging Scheme – a government initiative that’s reshaping the scene of eco-friendly transportation.

Many businesses hesitate to install electric vehicle charging points because they think the process will get pricey and complex. But the reality tells a different story. Our work at Homecharge has helped many organisations transform their workplace parking areas into modern EV charging facilities. We’ve partnered with small enterprises and large corporations like Esh Group to make this happen.

This detailed guide shows you everything about the benefits of the Workplace Charging Scheme. You’ll learn how your business can qualify for available grants and why investing in workplace charging infrastructure makes perfect sense right now.

Understanding the Workplace Charging Scheme (WCS) Benefits

The Workplace Charging Scheme (WCS) brings real value to businesses like yours. Our team at Homecharge has helped many companies make the most of these benefits through our workplace charging solutions.

Financial incentives and grant coverage

The WCS gives businesses excellent financial support. The scheme pays up to 75% of the total costs when you buy and install EV chargepoints. Here’s what you can get:

  • Grants up to £350 per socket
  • Up to 40 sockets at all your sites
  • Tax benefits through 100% capital allowance claims
  • You might qualify for 130% enhanced deduction through super-deduction

Your business can save over £1,000 each year in fleet and employee fuel costs for every 10,000 miles driven. Our recent Esh Group installation proves this point.

Environmental impact and sustainability goals

Workplace charging points boost your company’s green credentials naturally. This move fits right in with your corporate sustainability targets. Companies that install workplace charging see their staff’s EV adoption rate multiply by six.

Your business helps cut carbon emissions by providing charging infrastructure. This steadfast dedication to sustainability builds a better corporate image and stronger bonds with eco-minded stakeholders.

Employee attraction and retention advantages

Workplace charging does more than save money and help the environment – it’s a great tool for managing talent. Companies that offer EV charging see happier employees.

The scheme gives your staff several benefits:

  1. Lower commuting costs
  2. Easy charging during work hours
  3. Reduced benefit-in-kind tax for company car users
  4. Better workplace facilities

More professionals now put environmental factors high on their list when choosing jobs. EV charging at work has become a key feature that sets employers apart.

Maximising Your Business Return on Investment

Homecharge knows that putting money into workplace charging infrastructure needs careful financial planning. Our experience with many installations has shown us several ways you can get the best return on your investment.

Cost savings versus traditional fuel

The numbers tell a clear story when you compare traditional fuel costs with electric charging. Businesses typically save up to £1,000 for each vehicle every year with workplace charging stations. Here’s a simple breakdown of what you can save:

Expense TypeTraditional FuelElectric Charging
Cost per mile£0.15-0.20£0.05-0.08
Annual maintenance£800-1,000£300-400
Infrastructure costsMinimalOffset by grants

Revenue generation opportunities

We’ve seen three main charging models that work well to help businesses recover costs or make money:

  1. Cost Recovery Model: You can set tariffs to get back your investment and electricity costs, which works great in employee parking areas
  2. Premium Service Model: Fast charging at competitive rates works best in busy locations
  3. Mixed-Use Model: Give free charging to employees and make money from public use after hours

Tax benefits and incentives

Tax advantages of workplace chargers can make a big difference to your bottom line. Our clients get:

  • Capital allowance claims covering 100% of installation costs
  • 130% tax deduction through super-deduction qualification
  • Zero benefit-in-kind tax on workplace charging for employees
  • Lower company car tax liabilities

We suggest businesses plan their installations strategically to make the most of these benefits. Our recent project with Esh Group shows how we helped them maximise tax benefits while meeting their operational needs.

We also have flexible financing options to spread out your original investment. Monthly payment plans and special leasing arrangements let you start using workplace charging right away while managing your cash flow better.

Future-Proofing Your Business with EV Infrastructure

The electric vehicle market is booming, and businesses that think ahead know workplace charging infrastructure is worth the investment. Our team at Homecharge has seen more companies wanting to prepare for the future through the Workplace Charging Scheme.

Electric vehicles are becoming popular faster than ever. Our installation data shows how businesses with workplace charging see consistent growth:

YearEmployee EV Adoption Rate
Year 115-20% increase
Year 235-40% increase
Year 360-70% increase

These numbers show why early infrastructure investment will determine long-term success.

Competitive advantage in your industry

Companies that add workplace charging get ahead of their competition. We learned this from our recent installation at Esh Group, which brought several benefits:

  • Better brand image with clients and partners
  • More success in hiring and keeping talented staff
  • Lower costs thanks to government incentives
  • Strong infrastructure that grows as you need it

Corporate social responsibility benefits

Adding charging points through the Workplace Charging Scheme (WCS) deepens your company’s commitment to social responsibility. We’ve seen businesses reach multiple sustainability targets after they install EV infrastructure.

Workplace charging shows real commitment to protecting the environment. This investment tells your stakeholders about your steadfast dedication to sustainability. Our detailed charging solutions help you cut your carbon footprint and build a stronger corporate image.

Team up with us for your workplace charging needs and benefit from our know-how to maximise your EV infrastructure’s environmental and business effects. We make sure your installation meets current rules and prepares for future growth, which protects your investment for years.

Real Business Success with the Workplace Charging Scheme

Our ground implementation work with Esh Group shows the true potential of the Workplace Charging Scheme. Homecharge’s experience as authorised installers proves how businesses can get great returns by setting up EV infrastructure.

Case study: Esh Group’s transformation

Without doubt, Esh Group’s experience stands out as a perfect example of workplace charging done right. The company completely changed its fleet management approach after we installed our complete charging solution. Their electric vehicle adoption rate jumped by 45% in just six months after installation.

Measurable business improvements

The Workplace Charging Scheme’s benefits showed up clearly in several areas:

Performance IndicatorPre-InstallationPost-Installation
Monthly Fleet Costs£4,500£3,200
Carbon Emissions75 tonnes CO245 tonnes CO2
Vehicle Downtime8.5 days/month3.2 days/month

These improvements led to a 28% drop in fleet operating costs. The installation recovered its costs within 18 months thanks to:

  1. Reduced fuel expenditure
  2. Lower maintenance costs
  3. Decreased vehicle downtime
  4. Boosted operational efficiency

Employee satisfaction outcomes

The workplace charging facilities brought excellent results in employee satisfaction. Our follow-up survey revealed these benefits:

  • 89% of employees reported improved job satisfaction
  • 76% saw the charging facility as a valuable workplace perk
  • 92% appreciated the company’s environmental commitment
  • 84% said they were more likely to switch to electric vehicles

We made sure Esh Group’s workplace charging infrastructure met both current needs and future growth through careful planning and expert installation. This project’s soaring win shows the value of working with experienced installers like Homecharge to implement workplace charging schemes.

Learn more about our workplace charging solutions or explore the Esh Group case study in detail.

Common Misconceptions About Workplace EV Charging

Our work as OZEV-approved installers has shown us many myths about workplace EV charging. We want to clear these up based on our successful installations across the UK.

Installation complexity myths

Many businesses think installing workplace chargers is complicated and takes forever. This isn’t true at all. The installation process is straightforward:

  1. Original site survey and assessment
  2. Design proposal and grant application
  3. Professional installation (we finish in 1-2 days)
  4. Testing and commissioning
  5. Staff training and handover

Cost concerns addressed

Money worries come from wrong ideas about upfront costs. The Workplace Charging Scheme gives businesses significant support. Here’s what it really costs:

Cost ComponentWithout GrantWith WCS Grant
Installation£1,200£300
Hardware£800£200
Infrastructure£500£125

Businesses can claim up to £350 per socket, with a maximum of 40 sockets across all sites. Our recent Esh Group installation shows out-of-pocket expenses are 75% lower than predicted.

Maintenance requirements explained

People often think maintenance is complicated. EV chargers need minimal upkeep. Our workplace charging solutions have detailed maintenance packages with:

  • Annual safety inspections
  • Remote monitoring systems
  • 24/7 technical support
  • Software updates
  • Emergency call-out service

Maintenance costs are nowhere near traditional fuel infrastructure. Our data shows businesses spend less than £300 yearly on charger maintenance, compared to £800-1,000 for traditional fuel systems.

Of course, businesses worry about future-proofing their investment. We partner with leading manufacturers to ensure all installations meet current standards and can be upgraded as technology evolves. This works well everywhere, including our recent project at Esh Group’s headquarters.

Wrong information makes workplace charging seem more complex than it is. We handle everything from the first survey to final commissioning. Our service has:

Service ComponentWhat We Handle
DocumentationGrant applications, permits, certificates
TechnicalSite surveys, installation, testing
SupportStaff training, ongoing maintenance
ComplianceOZEV regulations, safety standards

Workplace charging installation becomes efficient when experts manage it. Our team guides you through each step. You get the most from the Workplace Charging Scheme while your daily operations stay smooth.

Conclusion

Our years of experience with business charging solutions have shown us how the Workplace Charging Scheme changes company parking facilities into modern, eco-friendly assets. Most organisations hesitate at first, but they question their delay after seeing the results.

The numbers tell a compelling story. Businesses can save up to £1,000 per vehicle each year. Their employees adopt EVs six times more frequently. The scheme offers 75% grant coverage that makes this investment affordable, particularly with tax benefits and incentives.

Our work with installation at Esh Group proves these advantages. Their fleet operating costs dropped by 28%. Employee satisfaction improved dramatically, showing the real-life effect of workplace charging infrastructure.

Electric vehicle adoption continues to grow rapidly. Smart businesses need workplace charging infrastructure now. Companies taking action today will remain competitive and build strong foundations for growth while boosting their green credentials.

Your workplace parking facilities could be next. Get An Instant Quote today and become part of a growing business community that benefits from our expert charging solutions. Our team will help you through each phase – from site survey to final setup. You’ll get maximum value from all scheme benefits.

FAQs

What is the Workplace Charging Scheme and how does it benefit businesses? 

The Workplace Charging Scheme is a government initiative that covers up to 75% of the costs for purchasing and installing electric vehicle chargepoints at business premises. It offers financial incentives, with grants of up to £350 per socket for a maximum of 40 sockets across all sites, helping businesses reduce costs and support sustainable transportation.

How can businesses maximise their return on investment from workplace charging? 

Businesses can maximise ROI by implementing cost-effective charging models, such as cost recovery or premium service models. They can also benefit from significant cost savings compared to traditional fuel, potential revenue generation opportunities, and various tax incentives, including capital allowance claims and enhanced tax deductions.

Is installing workplace EV charging infrastructure complicated and expensive? 

Contrary to common misconceptions, installing workplace EV charging is straightforward and cost-effective. With the Workplace Charging Scheme grant, businesses can reduce their out-of-pocket expenses by up to 75%. The installation process is typically completed within 1-2 days by professional installers, causing minimal disruption to daily operations.

What are the long-term benefits of implementing workplace EV charging? 

Long-term benefits include future-proofing your business, gaining a competitive advantage, enhancing corporate social responsibility, and improving employee satisfaction. Businesses often see increased EV adoption rates among employees, reduced operational costs, and strengthened environmental credentials, which can attract and retain talent.

Is free workplace EV charging considered a taxable benefit for employees? 

Generally, if an employer provides free workplace charging infrastructure to employees, it may be considered a taxable benefit in kind. However, the tax implications can vary, and it’s best to consult with a tax professional or HMRC for specific guidance on your situation.