Press Release Electric Mobility
Massive Interest in German Home Solar EV Charging Station Subsidy
The state is supporting property owners to install chargers for electric vehicles – applications exhausted the EUR 300 million allocated for 2023 in a single day.
Sep 27, 2023
Berlin (GTAI) – The new assistance program is administered by Germany’s development bank, the KfW, and is capped, for the moment, at EUR 500 million. The KfW says that, due to huge interest, with 33,000 applications filed, no more requests will be accepted for this year. Homeowners can apply for support from a further EUR 200 million in government funds in 2024.
People eligible can receive up to EUR 10,200 to equip their primary residences with solar powered EV charging solutions: EUR 6,000 for photovoltaic installations, EUR 3,000 for solar electricity batteries and EUR 1,200 for charging stations themselves.
Apartment owners are not eligible. To qualify, home owners must have already purchased or ordered an electric vehicle.
As of July 2023, there were some 97,000 EV charging stations in Germany. But the government says that far more public and private stations are needed if the country is to reach its EV targets as part of its legally mandated transition to clean energy.
“The new support program for solar charging stations is the latest in a long line of attractive and sustainable KfW assistance programs,” says Thomas Grigoleit, Germany Trade & Invest Director of Energy, Building and Environmental Technologies. “It will no doubt make an important contribution to the expansion of electromobility.”
