NSW Grant: EV Ready Building
The NSW EV Ready Building program is an initiative to follow through with the goal of Net Zero by 2050. Its aim is to integrate EV charging stations into new residential and commercial developments. LEARN MOREWhat is the NSW EV Ready Building Program?
The NSW EV Ready Buildings Grant aims to support the installation of electric vehicle (EV) charging infrastructure in apartment buildings across New South Wales. Eligible buildings must be located in NSW, registered under the Strata Schemes Development Act 2015, classified as class 2 under the National Building Code, and contain at least ten apartments with off-street parking.
The grant process includes two stages. Stage 1 involves a feasibility assessment, partially funded by the NSW Government, to determine the building’s EV charging needs. Stage 2 offers co-funding for up to 80% of infrastructure costs and 50% of software subscription costs excluding GST. Applicants must gather approvals, insurances, and commercial quotes before submitting their applications via the NSW Government’s SmartyGrants system, click here to access the form.
Round one is closed, successful applicants of round 1 can apply for stage two funding from 22nd July 2024. Owners Corporations must obtain and submit all required documents including at least two commercial quotes for the infrastructure installations.
The NSW Grant and How It Can Help the Surge?
Because of the rising numbers of electric vehicles’ (EV) sales every year, a shortage in EV chargers across NSW is becoming obvious. The NSW government developed a resolve for the surge of EVs across the state. They called it “EV Ready Building” program.
By the continuous adoption of electric vehicles among residents and tenants specifically in apartment buildings, the NSW government has ensured to give support in EV Charging by developing EV Ready Building Program.
This program provides co-funding toward the installation of EV Charging infrastructure upgrades in apartment buildings, according to NSW Climate and Energy Action.
The NSW government will co-fund 80% (up to $80,000 ex GST) for approved electrical infrastructure and building upgrade equipment.
Requiring buildings such as wiring specifications and space allocation for EV Charging Stations, ensuring consistency and compliance with new enhancements.
And to be eligible for co-funding, it must have 4 existing EV chargers installed with less than 40 parking spaces, otherwise, the number of existing installed chargers may not exceed 10% of the number of parking spaces, according to the NSW Government.
This can result in high quality retention and acquisition of residents and tenants in commercial and residential buildings, positioning New South Wales as a leader in sustainable urban development.
Eligibility Criteria for Strata Buildings
Building Specifications
The building must be registered in strata schemes located in NSW that are classified 2 in National Construction Code by the NSW government. It must have 10 or more units and private off-street parking.
Strata Committee Involvement
Since the EV Ready Building Program is concerned with apartment buildings. The Strata Committee plays a significant role in decision-making and oversight of implementation of EV charging. To assess the strata building for EV charging, the NSW government has guidelines of step by step process in implementing EV charging for buildings, click here.
Steps to Apply for the NSW Grant EV Ready Building
There are certain steps to apply for the NSW Grant. Firstly, strata committees need to ensure their strata or apartment building that it meets the eligibility criteria.
Next, they must have the electric vehicle supply equipment (EVSE) infrastructure into the building’s design.
Finally, strata committees should stay informed about the program’s regulatory guidelines and work closely with relevant authorities like SEVC.
To follow the step-by-step for the application process of the NSW Grant EV Ready Building, you can find it here.
It is crucial for apartment and commercial buildings to incorporate EV charging, since it has a lot to consider like the cost and implementation. But with the support of the NSW government like the EV Ready Building program, it makes installing EV charging easy.
It will position your building for future market demands and regulatory standards. If you are ready to transform your strata, enquire now!
Let’s see if you are qualified for the NSW Grant!
Do you have less than 4 existing EV chargers?
Do you have less than 40 parking spaces?
Can your EV charging infrastructure be accessed by all?
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