Egg has launched a new subscription-based charging offer for drivers of electric vehicles (EVs), which provides a home charger for a fixed monthly fee.
The service costs £30 per month and includes installation and maintenance.
“The reality of buying an electric vehicle is that it involves a lot of research and a considerable upfront cost. EVs are an unknown entity to most drivers and the second-hand market is presently very small, though growing,” said Egg CEO Thomas Newby.
“Installing a home charge point should be the most painless part of the process. Egg’s proposition is simple - one affordable, monthly cost that keeps your car moving and offers complete peace of mind.”
The launch comes as the government’s Electric Vehicle Homecharge Scheme (EVHS) draws to a close for many homeowners on March 31, 2022. The EVHS grant currently contributes up to 75% of the cost of installing a home charge point, capped at £350. Without EVHS, the average cost of hardware and installation for a fast home charge point is estimated to be in excess of £1,000.
Egg says its monthly subscription ensures that EV owners and drivers can continue to access home-charging without a hefty upfront cost, even once the EVHS scheme ends. Paying monthly offers flexibility for customers - especially those who might be considering a house move, or company car drivers who are personally responsible for the cost of installing a home charger if opting for an EV.
Along with home chargers for electric vehicles, Egg also offers renewable energy solutions for homes and businesses, including solar panels and battery storage.
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