BUS Monthly Scheme Update

Reports, plans and updates
Publication date
Industry sector
Supply and Retail Market
Scheme name
BUS

As per our responsibility to publish reports on how the BUS is operating, please see the statistics below. They relate to the period from 23 May 2022 to 28 February 2025.

For a full description of the steps a BUS application goes through in order for a BUS voucher to be issued, a BUS voucher to be redeemed and a BUS grant to be paid, please refer to the BUS Installer Guidance.

Voucher applications received 72,263
Number of BUS vouchers issued 51,501*
Total value of BUS vouchers issued £345,949,000
Voucher redemption applications received 47,163**
Number of vouchers redeemed 46,707
Total value of grants paid £310,026,500
Budget spent in Year 1 (23 May 2022 - 31 March 2023) £50,040,000
Budget spent in Year 2 (1 April 2023 - 31 March 2024) £88,469,000
Remaining budget for Year 3 (1 April 2024 - 31 March 2025) £14,957,500***

Find a more detailed breakdown of the 24/25 budget.  

* this figure does not include vouchers that were issued but have since expired or have been revoked/withdrawn

** this figure does not include voucher redemption applications that have since been revoked/rejected/withdrawn

*** this figure includes an additional £55 million budget and £75 million made available to over-allocate within the scheme in Year 3.