Whether you already have a holiday property which you rent out to guests, or are considering doing so, having...
As a holiday let owner, an electric charging point installation is well-worth considering as an investment opportunity – you can cater to the rising demand of holidaymakers looking for a self-catering property that offers this service, which is particularly important if your property is located in a rural area where these facilities may be limited.
Providing a charging point will allow your guests to enjoy a hassle-free break, which can lead to positive reviews and an increased booking potential. But there’s much to be considered, so enjoy reading our helpful guide, created by our team of holiday letting experts, featuring our top considerations when thinking of investing in an electric charging point.
Use the quick links below for details on a particular topic or continue reading for our complete electric charging point installation guide for holiday let owners:
Electric vehicles, commonly known as EVs, are revolutionising the way we travel and are becoming increasingly popular in the UK. Here are a few reasons we think that having an electric charge point installed at your holiday let could be a financially rewarding investment:
The UK’s electric car charging infrastructure is rapidly changing and will continue evolving in order to stay ahead of the seismic shift preceding the government’s 2030 zero emissions pledge, which will see an end to the sale of new petrol and diesel cars. Evidence of the changes already apparent include the following:
It is clear the next ten years will see a big increase in the number of EVs on our roads, and the people who drive them will require facilities allowing them to charge their vehicles overnight. Catering for this ever-increasing number of electric vehicle drivers by providing a charging point will give your holiday let greater appeal.
As global awareness of the impact travel is having on the environment grows, more of us realise that travel doesn’t have to cost the earth. Transport, in particular cars, is the largest source of CO2 emissions. Choosing to travel more sustainably by using alternative options like EVs, help to reduce the amount of carbon emissions linked to climate change. In fact, cars powered entirely by electric batteries don’t produce any exhaust emissions and help towards protecting the planet. Not only would installing an EV charging unit in your holiday let encourage greener living and do your bit to help climate change, but it would also provide an incentive for environmentally aware guests.
Providing an electric charge point at your holiday let is not only environmentally sustainable and is likely to draw discerning guest, but it unlocks the potential for a return on your investment. As a holiday let owner, you have the option to take payment from guests for charging their vehicles whilst at your property. This could mean that the running costs of your investment will not only be covered, but guest payments may also contribute to the installation cost and more.
The majority of self-catering holiday cottages across the UK are found in the countryside, where there are limited numbers of public charging facilities, so drivers of electric cars are very limited accessing nearby charging points. In addition to which, many EVs are all full battery-powered cars and charging can take some time. So, providing a point for recharging a car after a long journey in a private driveway, or by an off-road parking space, is always going to be the most convenient choice for guests.
With the clear trend towards the use of electric vehicles rising, the installation of an electric charging point seems the logical step forward in providing a convenient solution for guests to charge their EVs while staying at your property. So, here are a few things to consider when planning to install a charge point at your holiday cottage.
As long as you have off-street parking, either in a driveway, carport or garage, you will be able to provide an EV charging point at your property. Installation involves wall mounting the unit on an exterior wall or garage, near to where your guests park, and connecting it safely to the mains electricity supply. Home charging points must be installed by a professional, certified installer to ensure that it is safe for use. Arranging installation of a EV charger is easy, and you can do it through either your energy provider or a specialist company.
Electric car charge points offer different power outputs. The higher the power output, the quicker the car charges.
It’s worth noting that the maximum charging speed your property can deliver depends on the type of electricity supply it receives, so it’s best to consult an electrician or certified installer to find out if your fuse board has enough capacity to support the addition of an EV charging station.
There are several models available to buy and lots of different installers who can fit them for you. It can be confusing, but all you need to do is decide what power rating you want and choose either a tethered or socketed charge point.
If you’re thinking about getting an electric car charger home installation for your holiday let, it doesn’t have to be complicated and it certainly doesn’t need to be expensive either.
The cost of an electric car charging point will vary from company to company, with many offering more than one price option, depending on the type of charge point, the speed you are likely to opt for and whether installation is included. The most affordable options are 3.7kW chargers while 7kW chargers are more expensive.
According to EV charging point platform Zap-Map, there are around 40 manufacturers that provide charging point units suitable for residential use. They also advise that typically, a 3.7kW unit will cost between £250 and £500, while a 7kW charge point will cost between £450 and £800. These guideline costs are for the unit without installation and are subject to change.
Here are a few examples of well-known brands who supply and install EV home charging points where you can get an idea of what options there are available as well as what installation costs to expect.
The good news is, that once installed, you only pay for the electricity used to charge a vehicle, with most manufacturers and installers offering a product warranty.
The cost to charge an EV at your holiday let will vary dependent on the following:
With this in mind, we’ve used the Ofgem average cost of electricity, which is 17.2kWh, and the Zap-Maps home charging calculator to get a generalised estimate of what potential costs to expect to charge a selection of various sizes and types of EVs at your property.
These are just examples of what to expect in terms of what it will cost for a guest to charge an EV, and we recommend that as an owner, you work out an approximate value of what the use of an EV charge point will add to the property’s bills. You can decide whether you guests with EVs have the charging point as a cost inclusive facility, or add it is an extra for them to pay.
The electricity used to charge a guest’s electric vehicle will be included as part of your normal electricity bill, so it’s important to be on the best energy tariff for your holiday cottage.
Fortunately, several energy companies offer EV energy tariffs specifically for properties with electric charge points. These tariffs tend to rely on smart metering and are generally cheaper to use during the night when demand for energy is lower. Having a smart meter will enable you to access the full range of tariffs on offer by various suppliers, as well as providing real time information on electricity consumption. Another advantage is that EV energy tariffs sometimes incorporate renewable energy promises and other added benefits.
As travellers are opting for more environmentally friendly ways to holiday, there’s no better time to do you bit for the environment as well as create a convenient and sustainable option for guests to charge their vehicles, standing you out above the local accommodation competition and leaving your guests able to make the most of their day.
At Coast and Country Cottages, we understand that adapting a holiday let business to meet the requirements of evolving customer needs may seem daunting. If you are considering having an electric charging point installed but are unsure how to calculate these costs into your weekly rental price, which unit is best and how to go about getting the right installation for your requirements, speak to our team who can advise you on which solution would be best for you and your holiday let business.
Whether you are considering letting your holiday home or you already have a holiday letting business, the following owner guides may be useful to you:
To find out more about holiday letting with Coast & Country Cottages, request your FREE Owners Guide today, or call our team of holiday letting experts.
* At the time of publishing, Coast & Country Cottages has taken all reasonable care to ensure that the information contained in this article is accurate. However, no warranty or representation is given that the information is complete or free from errors or inaccuracies and prices given in the article are subject to change.