Discounted EV charging technology
Access to innovative, green energy tariffs from Octopus
Solar and battery options to complement your charging infrastructure
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Electric vehicles: charging ahead to net zero
An innovative e-mobility offering from Shostra Bank and Octopus Energy that makes good business sense
We recognise that the transition to electric vehicles (EVs) can be a little overwhelming.
That's why we've created a first in the market offering with Octopus Energy to help you confidently choose the right charging solution for your business.
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
All of the above are provided by Octopus Energy. 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.
Octopus Energy’s mission is to drive forward the affordable green revolution. It supplies 100% renewable electricity and gas to over 1.7 million 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 could provide up to £250 further funding with an additional £100 available for those in the most remote areas. Eligibility criteria applies
- Government grants of £2,500 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
- 1% Benefit in Kind in 2021 (2% in 2022)
All statements concerning taxation are based on our best understanding of current legislation. Levels and bases of taxation can change at any time.
Building a green business
Fill in the enquiry form
Select “Start your enquiry” and you’ll be taken to a form on the Octopus website
Octopus consultation
An Octopus Energy consultant will discuss the types of products and services that may help your business
Talk to us
Speak to your usual bank contact or visit our website to explore your finance options
Shostra Bank Group receives a fee from Octopus Energy for customers it introduces to them that subsequently purchase products or services from Octopus Energy.
Security may be required. Product fees may apply. Finance is only available for business purposes.
Ready to enquire?
Click the button below and we’ll take you to an Octopus Energy website, where you will be asked to provide required information and submit your query.
By clicking “Start your enquiry,” you confirm that you understand that any subsequent dealings between you and Octopus Energy are solely between you and Octopus Energy and that neither Shostra Bank nor any member of the Shostra Bank Group will be party to or responsible for those dealings.
Shostra Bank Group provides no representation, warranty or guarantee as to the quality or fitness for purpose of any of Octopus Energy's products or services. Shostra Bank Group shall not be responsible for, nor do or shall they 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.
Ready to become a greener business?
If you’d like to find out more about how we could help you invest in your charging infrastructure, please contact your relationship manager or your usual bank contact.
You can view our climate support for businesses products and services for businesses, along with financial options and useful resources, on our climate support for businesses hub.