How to save £500-£1,000 per year on EV Charging

Over the last few years, with the cost of electricity rising, the cost of charging EVs, particularly with reliance on the public network, has become a big problem. So much so the BVRLA cited it as one of the biggest barriers to EV adoption. The good news is that employees can save up to 50% on charging costs by managing this via salary sacrifice utilising the Charge Scheme.

The Charge Scheme is the latest product from The Electric Car Scheme, where employees can now save 20-50% on home, public or workplace charging costs through salary sacrifice.

The Charge Scheme provides a real monthly reading of a driver’s personal charging costs – whether they charge at home, work, or in public – providing the actual cost of private usage which can then be salary sacrificed.

The scheme also streamlines reimbursement, payroll and compliance for employers.

The Charge Scheme bolts directly on to any existing company car scheme seamlessly. If you don’t have a scheme in place, no problem – you can implement one through The Electric Car Scheme.

Here’s the simple 4-step process that could save employees £500 – £1,000 annually on EV charging:

• Step 1: An employee charges their car and uses the free Charge Scheme app and card, covering any of the 70,000 public charging points across the UK.
• Step 2: The employee logs mileage via the employee portal each month, which takes just 10 seconds.
• Step 3: The Electric Car Scheme calculates the cost, the savings, and sends a payroll instruction to the employer. 
• Step 4: Employee saves 20-50% dependent on their tax bracket, with zero net cost to the employer.

This makes electric car charging cheaper for everyone, whether you’re at home, the office, or in public.

Find out more about The Charge Scheme here