ELECTRIC VEHICLES: CHARGING AHEAD TO NET ZERO

An innovative e-mobility offering from Coutts and Octopus Energy that makes good business sense.

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

That is why Coutts has formed a first in the market offering with Octopus Energy to help you confidently choose the right charging solution for your business.

 


SAVE ON ELECTRIC VEHICLE HOME CHARGE POINTS

An innovative e-mobility offering from Coutts and Octopus Energy that makes good business sense.

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

That is why Coutts has formed a first in the market offering with Octopus Energy to help you confidently choose the right charging solution for your business.

 

AN INNOVATIVE OFFERING

What is this offering for Coutts clients?

All of the below are provided by Octopus Energy and its partners. 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. Offer unavailable on UK Channel Islands.

  • 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 energy
  • 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

 

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.

An Innovative Offering

What is this offering for Coutts clients?

All of the below are provided by Octopus Energy and its partners. 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. Offer unavailable on UK Channel Islands.
 

  • 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

 

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 will provide up to £300 further funding with an additional £100 available for those in the most remote areas. Eligibility criteria applies. 
  • Government grants of £3,000 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
  • 0% Benefit in Kind in 2020 (1% in 2021 and 2% in 2022)
     

Potential savings with electric vehicles (PDF 3.1MB)


All statements concerning taxation are based on our best understanding of current legislation. Levels and bases of taxation can change at any time.
 

Ready to become a greener business?

On top of the discounts to charging hardware and access to the Electric Juice Network, Octopus Energy could help you achieve your first steps towards an electric future.

Switching to EVs, regardless of volume, could provide a number of savings and benefits. Octopus Energy can enable you to purchase charging infrastructure and renewable energy technologies in a carefully planned, affordable way.

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

Security may be required. Product fees may apply. Finance is only available for business purposes.

Building a green business

EV equipment and services include:

 

  • Octopus Energy will identify the best chargers for your workplace, depot or even drivers’ homes, ensuring any installation is suited to your business operations, both today and in the future.

  • Smart meters help you save energy – so you can cut your bills, and your carbon footprint. Octopus Energy can match your business to one of their innovative energy tariffs, reducing your operational costs.

  • Solar panels can improve the viability of EV charging initiatives where carbon reduction, renewable energy or daytime capacity requirements are key concerns. Through this offering, you can also export surplus energy to generate additional revenues for your business.

  • Commercial clients are given free registration to the Electric Juice Network - so your fleet drivers don’t need multiple access cards and mobile apps to charge on-the-go. All charging costs are consolidated into one monthly invoice, minimising administrative costs.

  • This offering gives customers one year’s free access to the Octopus Fleet Dashboard when purchasing a three-year term, providing visibility of charging sessions and reconciling costs across all locations. Octopus can also consolidate home charging costs for all staff, directly with their energy supplier.

  • Coutts has built an offering with Octopus to provide a range of time-of-use energy tariffs that reflect the real time price of electricity. By charging your EVs outside of peak demand periods, you should be able to make significant savings on your energy bill.

  • Where existing grid connections are insufficient, an upgrade may be necessary. Octopus are offering a grid connection management service, ensuring your project is not delayed unnecessarily by capacity constraints.

  • Energy storage can provide power to business-critical EVs which require a fast rate of charging for short periods of time. Battery storage is also a great way to maximise the use of self-generated renewable energy overnight, where grid constraints are uneconomical.

  • You may choose to install chargers at your drivers’ homes. Octopus provide a broad range of domestic charge points at competitive market prices.

What Next?

1.

Fill in the equiry form

Select "Start your enquiry" and you'll be taken to a form on the Octopus website.

 

2.

OCTOPUS CONSULTATION

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

3.

TALK TO YOUR PRIVATE BANKER

Speak to your private banker about your finance options.

 

Start your enquiry

 

By clicking “Start your enquiry” you will be taken to the Octopus Energy website. You confirm that you understand any subsequent dealings will then be between you and Octopus Energy and that neither Coutts nor any member of the NatWest Group will be party to or responsible for those dealings.

Coutts, nor any other member of the NatWest Group, provides no representation, warranty, guarantee or recommendation as to the appropriateness, quality, fitness for purpose or value for money of any of Octopus Energy's products or services for you. No member of the NatWest Group shall  be responsible , or accept any liability, for the products or services provided by Octopus Energy to you, including any advice, product or process by which Octopus Energy's products or services are sold, or provided by or on behalf of them, to you.

All of the above are provided by Octopus Energy and its partners. To be able to access this offering in full, you must take advantage of the charging point element.

Coutts receives a fee from Octopus Energy for customers it introduces to them that subsequently purchase products or services from Octopus Energy, which will be passed back to you as a discount.

Coutts reserves the right to remove or amend this offering at any time.

 

What Next?

1.

Fill in the equiry form

Select "Start your enquiry" and you'll be taken to a form on the Octopus website.
 

2.

OCTOPUS CONSULTATION

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

3.

TALK TO YOUR PRIVATE BANKER

Speak to your private banker about your finance options.

 

Start your enquiry

 

By clicking “Start your enquiry” you will be taken to the Octopus Energy website. You confirm that you understand any subsequent dealings will then be between you and Octopus Energy and that neither Coutts nor any member of the NatWest Group will be party to or responsible for those dealings.

Coutts, nor any other member of the NatWest Group, provides no representation, warranty, guarantee or recommendation as to the appropriateness, quality, fitness for purpose or value for money of any of Octopus Energy's products or services for you. No member of the NatWest Group shall  be responsible , or accept any liability, for the products or services provided by Octopus Energy to you, including any advice, product or process by which Octopus Energy's products or services are sold, or provided by or on behalf of them, to you.

All of the above are provided by Octopus Energy and its partners. To be able to access this offering in full, you must take advantage of the charging point element.

Coutts receives a fee from Octopus Energy for customers it introduces to them that subsequently purchase products or services from Octopus Energy, which will be passed back to you as a discount.

Coutts reserves the right to remove or amend this offering at any time.

 

Become a Client

When you become a client of Coutts, you will be part of an exclusive network.