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Electric vehicles: charging ahead to net zero

An innovative e-mobility offering from Royal Bank of Scotland and Octopus Energy that makes good business sense

We recognise that the transition to Electric Vehicles (EVs) can be a little overwhelming.

That's why we've created a first in the market offering with Octopus Energy to help you confidently choose the right charging solution for your business.

What are Octopus offering Royal Bank customers?

Discounted EV charging technology

Access to innovative, green energy tariffs from Octopus

Solar and battery options to complement your charging infrastructure

A free smart meter installed when you switch your electricity

1-year free access to Octopus’s fleet management system when purchasing a 3-year term

1-year free access to the Octopus Electric Juice Network app

All of the above are provided by Octopus Energy. To be able to access this offering in full, you must take advantage of the charging point element. Some elements also require you to sign up as an Octopus customer. Offer applies to all customers within United Kingdom, regional exclusions apply. Smart meter, energy supply tariff and Electric Juice Network excluded in Northern Ireland.     

Octopus Energy’s mission is to drive forward the affordable green revolution. It supplies 100% renewable electricity and gas to over 1.7 million UK homes and 20,000 businesses.

Octopus is well known for its use of technology to transform customer experiences, and provide flexible energy tariffs that help consumers use cheaper, greener power.

The business benefits of switching to electric vehicles

  • You can apply for up to 40 charge point installations, each could be eligible for £350 discount with the government's OLEV grant. This could equal a maximum total of £14,000 
  • For customers in Scotland, the Energy Savings Trust could provide up to £300 further funding with an additional £100 available for those in the most remote areas. Eligibility criteria applies
  • Government grants of £2,500 are available for new electric vehicles. Eligibility criteria applies
  • All EVs are exempt from Vehicle Excise Duty, Congestion Charge, ULEZ (Ultra Low Emission Zone) and LEZ (Low Emission Zone) charges
  • 1% Benefit in Kind in 2021 (2% in 2022)

What next?

Fill in the enquiry form

Select “Start your enquiry” and you’ll be taken to a form on the Octopus website

Octopus consultation

An Octopus Energy consultant will discuss the types of products and services that may help your business

Talk to us

Speak to your usual bank contact or visit our website to explore your finance options

Ready to enquire?

Click the button below and we’ll take you to an Octopus Energy website, where you will be asked to provide required information and submit your query.

FAQs

Ready to become a greener business?

If you’d like to find out more about how we could help you invest in your charging infrastructure, please contact your relationship manager or your usual bank contact.

You can view our green banking products and services for businesses, along with financial options and useful resources, on our green banking hub.

Something else we can help you with?