Homeowners with an electric vehicle (EV) charging point on their driveway are earning an average of £1,020 a year by renting out their amenity to motorists looking for somewhere to park and charge. That’s according to the online parking portal, yourparkingspace.co.uk, who in recognition of World EV Day on 9 September, has analysed its booking data to reveal that clever homeowners are making a handy £85 per month by offering drivers a chance to charge their car while they are parked. This compares to the average of £73 per month that listings without an EV charge point facility are making, meaning that spaces which offer EV charging facilities are, on average, making £144 a year more than spaces that do not.
Harrison Woods, CEO at yourparkingspace.co.uk, commented: “The deepening cost of living crisis means homeowners up and down the country should now be considering creative ways to balance the books. “And while there is money to be made by renting out driveways for all with a vacant parking space, our booking data has revealed that homeowners who are lucky enough to possess an EV charge point can make considerably more money.”
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