Egg launches subscription-based home EV charging service

Friday, 25. March 2022

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 has now been dropped by the Government. It contributed 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 after the EVHS scheme has now ended.

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. By Graham Hill thanks to Fleet News

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