Business EV Charger Installation Financing Programs in South Africa (2026)

South African businesses installing workplace EV chargers in 2026 can finance R65,000-R240,000 installations for R2,000-R6,000/month monthly, with Section 12B tax incentives covering 40% of costs.

Business Charging Financing Options

Setup Size	Total Cost	Monthly (60mo)	ROI
2 chargers (SME)	R65,000	R1,900/month	3.2 years
5 chargers (Mid-sized)	R140,000	R3,950/month	2.8 years
10 chargers (Enterprise)	R240,000	R6,600/month	2.4 years

Tax Benefits (2026)

Section 12B allowance: 40% accelerated depreciation in year 1
Section 12L energy efficiency: Additional R0.95/kWh saved tax credit
Green building incentive: Up to R500k for sustainable infrastructure
Total tax benefit: Reduces effective cost by 30-45%

🏢 Business Quote: Get workplace charging quotes at Charger Installation with financing options.

Frequently Asked Questions

How much does workplace EV charging cost for businesses?

R65,000-R240,000 total for multi-charger installations: 2 chargers (R65k, small business), 5 chargers (R140k, mid-sized), 10+ chargers (R240k+, enterprise). Includes hardware, installation, commissioning. Financing: R2,000-R6,000/month monthly over 60 months.

What tax incentives exist for business EV charger installation in SA?

2026 incentives: (1) Section 12B – 40% accelerated depreciation first year, (2) Section 12L – R0.95/kWh energy savings tax credit, (3) Green building incentive – up to R500k for sustainable infrastructure. Total tax benefit reduces effective cost by 30-45%.

What is the ROI for workplace EV charging for businesses?

ROI: 2.4-3.2 years. Benefits: (1) Employee attraction/retention (89% of EV owners prioritize workplace charging), (2) Revenue generation (charge R3.50/kWh vs R5.15 cost = R1.65/kWh profit), (3) Tax incentives save 30-45%, (4) Green credentials improve ESG ratings, (5) Future-proofing for EV fleet transition.

Can businesses charge employees for workplace EV charging?

Yes, legally permitted. Common models: (1) Free as employee benefit (most common), (2) Cost recovery (charge R3.50/kWh vs R5.15 Cape Town residential rate – 32% discount), (3) Market rate (R4.50-R5.00/kWh), (4) Tiered (free daily allowance, charge for excess). Most businesses offer free to attract talent.

How do businesses finance workplace EV charger installation?

Financing options: (1) Capital lease – R2,000-R6,000/month monthly, own after term, (2) Operating lease – lower monthly, return equipment after term, (3) Bank loan – competitive rates for established businesses, (4) Equipment finance – 0% deposit options, (5) Solar + charger bundle – combined financing reduces monthly cost. Approval: 48-72 hours for good credit.