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The Land Transport Authority (LTA) has launched the Electric Vehicle Common Charger Grant (ECCG) to encourage the installation of electric vehicle (EV) chargers in non-landed private residences (NLPRs), such as condominiums and private apartments.
Announced by Minister for Transport Mr S Iswaran, the grant will co-fund installation costs of 2,000 EV chargers at NLPRs, as an early adoption incentive. As NLPRs form a significant proportion of residences in Singapore, improving charger provision is an important step towards improving the coverage of Singapore’s national EV charging network. Earlier this year at the 2021 Committee of Supply debates, 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 premises such as NLPRs, and 40,000 in public carparks.
Owners of the chargers, whether an EV Charging Operator or the owners of the NLPR (e.g. the management corporation of a strata-titled development), can apply for ECCG to cover three upfront cost components of charger installation: (a) charging system (e.g. charger equipment); (b) licensed electrical worker fees; and (c) cabling and installation costs (subject to $1,000 cap). The ECCG will co-fund 50% of the above cost components, subject to an overall cap of $4,000 per charger. In addition, to facilitate energy planning and more efficient electricity consumption, only the installation of chargers with smart charging functions that allow them to monitor and react to energy consumption information through adjustments to the rate of charging will be co-funded.
The ECCG is designed to catalyse the initial deployment of chargers in as many NLPRs as possible. As such, the ECCG 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. Interested parties may visit LTA’s website for more details and apply via the Government’s Business Grants Portal.