Charging ahead to net zero
Electric vehicles
An innovative e-mobility offering from Ulster 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.
What are Octopus offering Ulster Bank customers?
Discounted EV charging technology
Solar and battery options to complement your charging infrastructure
1-year free access to Octopus’s fleet management system when purchasing a 3-year term
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.
Octopus Energy’s mission is to drive forward the affordable green revolution. It supplies 100% renewable electricity and gas to over 1.7 million UK 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
- 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
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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.
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 Ulster Bank 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.
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 green banking products and services for businesses, along with financial options and useful resources, on our green banking hub.