The Editor’s View

There is money to be made by renting out driveways for all with a vacant parking space, data from yourparkingspace.co.uk has revealed that homeowners who are lucky enough to possess an EV charge point can make considerably more money. 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. EV owners can expect to pay upward of £1,000 for an EV charge facility to be fitted at their homes.However, yourparkingspace.co.uk data has discovered that a return on this investment could realistically be achieved by renting out a vacant space in just one year – meaning many homeowners can make green decisions without necessarily worrying about the finances required to do so.