This article covers the cost of a home charger installation through the Electric Car Scheme (ECS) and how the employee can expect to pay for it.
Cost of a home charger
The cost of the home charger and installation is a total of £1140 including VAT. This is paid for by your company in one go and then they recoup these payments through your salary sacrifice in monthly instalments.
How much will I pay a month for the charger?
The cost of the home charger installation will be spread across the first 3 months of your salary sacrifice and you will pay an additional £380 (including VAT) each month. If your salary is not to cover the costs over 3 months, we can spread it further.