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SEAI Grant: Privately Owned EVs

A maximum grant of €5,000 is available for qualifying new electric vehicles when purchased privately. Approved EVs with a List Price of less than €14,000 will not receive a grant. As of 1st July 2021 there is a cap of €60,000 on the full price of all vehicles. The full price of the vehicle to the customer includes all optional extras, paint and delivery for excludes any incentives such as grants or rebates.

The grant level applies to new Battery Electric Vehicles (BEV) and Plugin Hybrid Electric Vehicles (PHEV). The grant amount will depend on the list price of the vehicle. This is the full non-discounted price in the absence of VRT relief or grant support.

The Plugin Hybrid Electric Vehicles (PHEV) will no longer be available from 1st January 2022. All new PHEV grants will only be accepted for vehicles delivered, registered, and taxed before the end of December 2021.

Source: SEAI

 

 

 

VRT Relief: Privately Owned EVs

Vehicles with an Open Market Selling Price (OMSP) of up €40,000 will be granted relief of up to €5,000. Vehicles with an OMSP of greater than €40,000 but less than €50,000 will receive a reduced level of relief. Reliefs have been removed for any electric vehicles above €50,000.

 

Sample calculations of the VRT chargeable for electric vehicles:

EXAMPLE A

  • Open Market Selling Price: €40,000
  • VRT calculated at 14.25%: €5,700
  • Less maximum relief: €5,000
  • VRT Payable: €700

Source: Revenue

 

EXAMPLE B

  • Open Market Selling Price: €30,000
  • VRT calculated at 14.25%: €4,275
  • Less relief (up to a max of €5,000): €4,275
  • VRT Payable: €0

 

 

 

 

Electric Vehicle Home Charger Grant

A government funded support scheme to assist homeowners install an electric vehicle charge point on their property. The scheme provides a grant up to the value of €600 towards the purchase and installation of a home charger unit. The applicant must be the owner of a new or second-hand electric vehicle (EV or PHEV).

 

 

Eligibility criteria

  • Any private owner who buys an eligible EV from 01/01/2018 is eligible to apply for this grant.

  • The EV must be parked on an off-street parking location associated with the home and the charger must be connected back to the fuse board of the home of the applicant. 

  • The Meter Point Reference Number (MPRN), which you can find on your electricity bill, will be used to confirm the location of your home.

  • The property can not be associated with a previous EV vehicle grant and charge point offer. For example, it can not have availed of the free ESB Ecars home charger pre 2018.

  • Do not commence any work before the start date on your Letter of Offer otherwise this expenditure will be deemed ineligible and you will not receive grant support for it.

Source: SEAI

 

 

SEAI Grants: Commercial Use Eligibility

SEAI provides grant supports towards the purchase of new N1 category electric vehicles for business and public entities.  N1 category vehicles are typically small goods carrying vans with a technically permissible maximum mass not exceeding 3500kg. 

A maximum grant of €3,800 is available for qualifying N1 category EVs when purchased commercially. Approved EVs with a list price of less than €14,000 will not receive a grant. It should be noted that these grants apply to new vehicles only and cannot be claimed on second hand vehicles.

The grant level depends on the list price of the vehicle. This is the full non-discounted price in the absence of VRT relief or grant support.

The Plugin Hybrid Electric Vehicles (PHEV) will no longer be available from 1st January 2022. All new PHEV grants will only be accepted for vehicles delivered, registered, and taxed before the end of December 2021.

Source: SEAI

 

 

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