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The LTA has announced that it will co-fund the installation costs of 2,000 EV chargers at NLPRs, as an early adoption incentive.
19 Jul 2021 | Local News : Singapore
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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 (NLPR), such as condominiums and private apartments.
The grant will co-fund installation costs of 2,000 EV chargers at NLPRs, as an early adoption incentive. The LTA states that 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.
These include the cost of the charging system itself, as well as the licensed electrical worker fees, and any 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 29 July 2021 and will be assessed on a first-come, first-served basis. The ECCG will be available until 31 December 2023, or until 2,000 chargers have been approved for co-funding, whichever is accomplished earlier.
