A company that lets homeowners rent out their driveway has announced it is offering a £350 incentive to help reduce the cost of installing an electric car charger at home.

Announced on the day that the Electric Vehicle Homecharge Scheme – the government grant that subsidised the cost of a chargepoint installation – comes to an end, JustPark says it will offer up to 500 homeowners £350 to put towards a home charger.

The firm says it’s the first in a series of rewards that customers of its ‘JustCharge’ service can access, with the hope of supporting and encouraging the adoption of electric cars.

Interested homeowners can apply through JustPark’s website, with the firm vetting applications, and those that are successful will need to list their EV charging on the JustCharge network for at least 12 months. This allows them to rent out their charging point to other electric car owners, which the firm says could make an average of £700 in a year.

The £350 value is the same as the outgoing EVHS grant, and will be taken off the total cost of buying and installing a home charging unit. However, unlike the government’s incentive, those applying for the JustPark grant don’t actually need to drive an EV or plug-in hybrid, it can instead be done to help prepare them for when they do, or allow neighbours or those passing through the area to more easily charge.

JustPark says its service ‘unlocks a national network of driveway charging spaces’ and offers a ‘cost effective solution for the more than 50 per cent of UK households without access to off-street parking and charging’.