evec & Axle Energy Partnership Announcement
The EV Charger that can pay for itself: evec and Axle Energy launch the UK’s most rewarding Smart Charging scheme
New vecFLEX grid rewards scheme gives EV drivers up to £140 a year for balancing the grid, creating an EV charger package that can pay for itself.
Key highlights
evec and Axle Energy launch vecFLEX Rewards, a new smart charging scheme that pays customers back for balancing the electricity grid.
Eligible evec customers receive £20 for joining and £10 every month thereafter, equating to £140 in the first year and £120 every year after
Combined with evec’s finance packages, vecFLEX rewards can offset some or all of a customer’s monthly charger payments.
Over 90% of evec’s customers are eligible through evec’s work with Axle to achieve CoP11 approval.
96% of vecFLEX users say they would continue to use vecFLEX or recommend it, with 70% reporting no noticeable impact on charging. vecFLEX pauses charging at intervals throughout a charging session but ensures that user preferences are a priority
Manchester, UK, 5th August 2026 – For years, the cost of a home charger has been seen as one of the final barriers preventing some drivers from making the switch to electric. Since launching in 2022, Manchester EV charging brand, evec, have been on a mission to change that, building their reputation as the UK’s most affordable EV charging brand.
With chargers that are at least 30% lower than comparable alternatives, evec’s growth from £500k in revenue in 2022 to a projected £13.5m in 2026 demonstrates one thing: affordability matters.
Now, through their partnership with pioneering energy flexibility provider, Axle Energy, they’re taking this mission even further.
The launch of vecFLEX rewards transforms the role of the EV charger from an expense into an asset that generates ongoing value. By rewarding customers for supporting Britain’s electricity grid through smart charging, vecFLEX can help offset the cost of charger ownership and, for most customers, pay for itself over time.
Introducing vecFLEX rewards: Playing Tetris with the Grid
As Britain rapidly electrifies, balancing the grid is becoming more essential than ever. As the number of EVs and heat pumps become more common and appliances historically powered by gas switch to electricity, demand for power will continue to grow.
The challenge isn’t generating enough electricity. It’s ensuring that energy is available when and where it’s needed most.
As a country, we have three choices:
Slow the transition to electrification and jeopardise our net zero goals
Invest billions in new infrastructure that could take years to deliver
Play what Axle Energy calls “energy Tetris” with flexible assets already connected to the grid.
The solution seems obvious. EV chargers are one of the UK’s largest sources of flexible assets. By briefly pausing charging during periods of peak demand and shifting it to quieter periods, chargers can balance the grid without affecting drivers’ daily routines and without the need for expensive grid upgrades.
That’s where vecFLEX rewards comes in. When customers opt in, they allow evec and Axle to temporarily pause their scheduled charging sessions when the grid requires additional flexibility. Their charging preferences, including “vehicle ready by” times always remain the priority.
Image source: Axle Energy
In return, they receive £20 for signing up and £10 every month thereafter, earning up to £140 in the first year and £120 in subsequent years. This makes vecFLEX one of the highest-value EV charging reward schemes currently available in the UK.
A charger that can pay for itself
The scheme becomes even more compelling when combined with evec’s finance offering, powered by Novuna.
Customers can currently purchase:
Home chargers from £6.50 / month
Home chargers with installation from £8.80 / month
Since launching in April, evec’s finance offering has driven significant demand, contributing to a 50% sustained month-on-month increase in eCommerce revenue, with finance packages accounting for 50% of sales.
For many customers, vecFLEX rewards can offset a substantial proportion of the monthly cost of their charger and, in some cases, exceed it.
Even customers who purchase outright will benefit. Combined with low-cost EV tariffs offering overnight charging rates from as little as 9p/kWh, vecFLEX members can save more than £200 per year through lower energy costs and grid rewards.
Tom Bloor, MD of evec, said:
“Our goal has always been to drive EV adoption through the UK’s most affordable chargers.
Our partnership with Axle is an important milestone in that journey. With the used EV market continuing to boom and more affordable EVs entering the market everyday the notion of EV charger cost being a barrier to adoption just doesn’t make sense.
vecFLEX represents something genuinely exciting for our customers: a charger that can pay for itself while helping to support a greener, more stable grid”
Making flexibility accessible for all
A major differentiator of the partnership is evec and Axle’s successful achievement of CoP11 approval, which extends vecFLEX eligibility to over 90% of evec’s customers.
Historically, participation in flexibility markets has been limited by metering requirements, typically requiring customers to have a smart meter with Half Hourly Settlement status (HHS). As a result, eligibility has been limited for many households.
CoP11 approval changes this by transforming the EV charger to a metering asset which allows the charger itself to participate in flexibility.
Achieved in June 2026, this approval expands eligibility from around 30% of households to more than 90% of evec chargers, enabling the vast majority to benefit from vecFLEX rewards.
An intuitive experience
Evec and Axle has worked together closely to develop a simple and intuitive onboarding process.
New customers can opt in during charger setup, while existing customers enrol through their app or via an online registration form. Once activated, vecFLEX operates automatically in the background pausing for short periods when required.
Customer feedback so far has been overwhelmingly positive:
96% of users say they would continue using or recommend vecFLEX.
More than 95% report no impact or only a slight impact on their charging experience.
One customer commented:
"I don't even notice I've got it and I'm earning rewards for basically nothing. Fantastic!"
Another added:
"Money for nothing – it's a winner."
Tom Bloor, MD of evec said:
“Every evec charger has the potential to become part of Britain’s energy infrastructure.
Through our partnership with Axle, our customers aren’t just buying a charger anymore. They’re becoming part of smarter, cleaner and more resilient energy system.
The best part? Participation is easy. Our drivers just tell us when they want to charge, we handle the rest and they get rewarded for helping support the grid.”
Karl Bach, CEO of Axle Energy said:
“We’re delighted to partner with evec to bring vecFLEX Rewards to its customers.
We believe the future energy system should work for everyone. Through this partnership, we’re making it simple for households to support the grid and enable more renewable energy, while earning meaningful rewards without compromising their charging needs.
The evec team has moved at remarkable speed to bring vecFLEX to market. It is fantastic to see the programme already available to more than 10,000 customers, and we look forward to working together to expand it even further.”
About evec
In April 2022, evec was created with a single mission: to break down barriers to EV adoption by making EV charging accessible and affordable.
With hundreds of five-star reviews, a #1 Amazon Best-Seller rating and a Made in the UK award under their belt evec is one of the fastest growing EV charger brands in the country. Growing from £500k in revenue in 2022 to a projected revenue of £13.5 million in 2026, evec have positioned themselves as the EV brand of choice for simple, reliable EV charging without the faff, backed by market-leading customer support and the UK’s most rewarding grid flexibility scheme – vecFLEX.
And they’re just getting started.
About Axle Energy
Axle Energy is a UK-based technology company specializing in energy flexibility software. By connecting residential energy assets such as EV chargers, home batteries, and heat pumps to flexibility markets, Axle helps homeowners and businesses save on bills, earn from electricity markets, and support the grid.
Press Contact Details
Olivia Serrage, Marketing Director, evec
Email: oliviaserrage@oem-ltd.co.uk
Tel: 07562660032
vecFLEX URL: https://evec.co.uk/vecflex-rewards/
Sources & References
Claim based on a vecGO 2.0 (VEC01-N) charger priced at £319.99 (delivery excluded). Monthly pricing assumes a finance option with a 10% deposit (£31.99) payable on day one. Eligible customers using vecFLEX receive £30 of energy credit in month one (£20 welcome bonus plus £10 monthly reward). From month two onwards, the £6.49 monthly charger cost is offset by the £10 vecFLEX reward, resulting in a net positive position from month two. vecFLEX rewards are subject to eligibility, smart‑meter requirements and smart‑charging behaviour. Terms and conditions apply.
evec and Axle Energy July 2026, claim based on CoP11 approval status
https://www.electriccarscheme.com/blog/affording-sustainability-ev-barriers-survey-2026
evec, February 2026, the 32% more affordable claim is based on a comparison of fully installed EV packages from: Smart Home Charge, Andersen EV, Go Zero, Indra, Mr Charger, Octopus Energy, Pod Point, British Gas / Hive, E.ON Next, Halfords & Cord, OVO, Rolec EV, We Power Your Car and Pro EV Charger Installation from analysis conducted by Electric Car Guide, “The Best EV Charger Installers 2026”, John Ellmore, January 2026. Price referenced, £747.99 for evec’s VEC01 charger vs average cost of £985. Data independently verified by evec team. All prices subject to change. Data correct at time of writing.
evec August 2026, claim verified against multiple EV charging brand offerings including: Easee(£60/ year), pod (up to £100/year), Myenergi (£120/year) and sync energy (£60/year). Average rewards of £5/month vs £10/month with vecFLEX
Monthly finance provided by Novuna. Price provided correct as 21/04. Credit is subject to status and affordability. Minimum 10% deposit required. Finance terms available from 12 to 60 months. Representative APR 14.9%.Finance example: Cash price £562.00. Deposit £56.20. Total credit £505.80. Interest rate 14.9% p.a. (fixed). Term 12 months. Monthly repayment £45.41. Total amount payable £601.12. Evec Ltd (FRN 1040800) trading as Evec Ltd is authorised and regulated by the Financial Conduct Authority. We are a credit broker, not a lender. Credit is provided by Mitsubishi HC Capital UK PLC. Terms & Conditions apply. The register can be accessed through the FCA at https://register.fca.org.uk.
Monthly finance provided by Novuna. Price provided correct as 21/04. Credit is subject to status and affordability. Price refers to fully installed VEC01-N charger, 50% deposit with 60-month payment period at 14.9%. Subject to terms & conditions. Finance terms available from 12 to 60 months. Representative APR 14.9%.
https://www.moneysavingexpert.com/utilities/ev-energy-tariffs/
Based on Elexon’s HHS tracker (https://www.elexon.co.uk/bsc/data/half-hourly-settlement-data/) and Axle Energy’s market analysis, January 2026
vecFLEX survey, July 2026, 375 respondents, 285 / 307 respondents responded that they noticed “no (219)” or “slight (66)” impact on their charging. 309 / 375 respondents said that were very likely (244) or likely (65) to continue using vecFLEX.