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

Electric vehicles: charging ahead to net zero

Electric vehicle illustration

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.

What are Octopus offering NatWest customers?

The right charging technology to match your charging needs

Access to innovative, green energy tariffs from Octopus

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Market leading customer service

Half Hourly Meter when you switch your electricity

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All of the above are provided by Octopus Energy. Offer applies to all customers within United Kingdom, regional exclusions apply. Smart meter, energy supply tariff excluded in Northern Ireland.
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Octopus Energy’s mission is to drive forward the affordable green revolution. It supplies 100% renewable electricity and gas to over 3 million UK homes and 40,000 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 
  • Grants are available to cover 50% - 75% of the cost of purchasing and installing electric vehicle charge points for SME. Eligibility criteria applies
  • Government grants available for new electric vehicles between £1,000 - £5,000. Eligibility criteria applies
  • All EVs are exempt from Vehicle Excise Duty, Congestion Charge, ULEZ (Ultra Low Emission Zone) and LEZ (Low Emission Zone) charges
  • Benefit in kind rate fixed at 2% until 2025
Savings with EVs (PDF 1.0MB) Open in new window

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

What next?

Step 1

Fill in the enquiry form

Select “Start your enquiry” and you’ll be taken to a form on the Octopus website.

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Step 2

Octopus consultation

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

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Step 3

Talk to us

Speak to your usual bank contact or visit our website to explore your finance options.

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NatWest 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.

Start your enquiry Open in new window

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 NatWest nor any member of the NatWest Group will be party to or responsible for those dealings.

NatWest Group provides no representation, warranty or guarantee as to the quality or fitness for purpose of any of Octopus Energy's products or services. NatWest 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.

FAQs

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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.

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Are you EV ready?

NatWest is working with Diode, a UK-based technology company, to pilot an EV Planner offering. 

It could help support your business to become more sustainable whilst also helping you to identify potential cost savings.

If you have employees who can complete the short driver survey for their company or private car, you can complete the assessment today.

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Something else we can help you with?