(Photo Credit: PropertyGuru)
The Land Transport Authority (LTA) has launched the Electric Vehicle Common Charger Grant (ECCG) to encourage electric vehicle (EV) Charger Installation in non-landed private residences (NLPRs) such as condominiums and private apartments.
Earlier this year, at the 2021 Committee of Supply debate, the Government had announced a target to deploy 60,000 EV charging points over the next decade, of which 20,000 will be in private developments* such as NLPRs, and 40,000 in public car parks.
LTA noted that NLPRs form a significant proportion of residences in Singapore; improving charging provision is an important step towards improving the coverage of Singapore’s national EV charging network.
Minister for Transport, Mr S Iswaran, recently announced that the grant will co-fund installation costs of 2,000 EV chargers at NLPRs, as an early adoption incentive.
(Photo Credit: The Business Times)
Owners of the chargers, whether an EV Charging Operator or the management corporation of a strata-titled development, can apply for the grant. LTA covers 50% of three upfront charger installation cost components, subject to a cap of S$4,000.
The list of cost components covered under the ECCG are:
- Charging system (e.g. charger equipment)
- Licensed electrical worker fees
- Cabling and installation costs (subject to S$1,000 cap)
Additionally, only the installation of chargers with smart charging functions will be co-funded. The functions allow chargers to monitor and react to energy consumption information through adjustments to the rate of charging.
The ECCG is designed to catalyse the initial deployment of chargers in as many NLPRs as possible. As such, the grant will only fund the installation of chargers for up to 1% of residential parking lots within each NLPR.
Applications for the ECCG will open on 29th July 2021 and will be assessed on a first-come, first-served basis. The ECCG will be available until 31st December 2023 or until 2,000 chargers have been approved for co-funding, whichever is earlier.
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