Charging points for your fleet
Transportation with electric capability is the future. Find out how you can join the many other businesses installing charging stations and adding electric vehicles to their fleet.
A few years ago, one of the biggest barriers for choosing an plug-in hybrid or electric vehicle was the charging. Charging stations wouldn’t be available when you needed them, and installation could be costly. But the number of businesses embracing the technology has increased and sustainable fleets are becoming more and more popular.
There are several reasons for this: the government grants for plug-in hybrid (PHEV) and battery electric vehicles (BEV) and the allure for employees to businesses that promote environmental sustainability. Either way, here’s how you could convert to plug-in hybrid or electric and install charging facilities at your workplace.
Electric is growing
The number of PHEV and BEV vehicles on the road is growing by the day. In fact, statistics from the Society of Motor Manufacturing Traders showed an increase of 47% since 2017. Even more staggering is that since 2015, 7% of all fleet vehicles are now plug-in hybrid or electric.
You may have heard the news that the UK government is requiring all new vehicles to have electric capability by 2040, so the future truly is green.
If being good to the planet isn’t enough of an incentive for you to go electric, then maybe a government grant could make it a viable option. The Office of Low Emission Vehicles (OLEV) is rewarding businesses for adopting plug-in hybrid and electric fleets by reducing their sale price – the lower a vehicle’s CO2 emissions, the bigger the reward.
But if it’s the cost of installing charging points that’s putting you off, then the Workplace Charging Scheme (WCS) offers vouchers that can pay in-part towards the installation costs for businesses, charities and public sector organisations. And if your staff want a charging point at home then The Electric Vehicle Home-charge Scheme (EVHS) is offering up to 75% off the cost of installation, and the On-street Residential Chargepoint Scheme (ORCS) provides funding to local authorities too.
The biggest barriers of costs and charging when adopting a sustainable fleet are already well on their way to being knocked down.
30% of PHEV vehicle charging occurs at work, making it the second most common place after the home. Consequently, installing charging points is extremely beneficial to your staff, and at an estimated cost of £150 per employee, per year, it’s a lot more cost-effective than many might think.
A trial run
If you think going electric could benefit your business, then why not give it a trial by installing charging points at a location with an existing PHEV driver. That way, you can monitor costs over time and budget accurately before deciding to roll out the service business-wide.
When you do decide to make the charging stations a regular and permanent fixture, Pod Point recommends a 1:1 ratio for the first 10 PHEV drivers and not reducing the ratio to more than 1:3 for more vehicles. This way, you can avoid friction between drivers and wait times between charges.
If you’re worried that installing charging stations around your entire business sounds expensive, then you needn’t be. You can save on capital expenditure by leasing your charging stations. That way, you can always upgrade to the latest and fastest technology, rather than re-investing with every new development.
Whilst many businesses offer free charging to employees - especially after-hours as it incentivises working late - it’s also possible to recover your electricity costs by charging them for using your stations. You could even make profit by charging more than the original cost. Keep in mind that free charging can impact Benefit in Kind (BiK) unless it’s declared as a ‘trivial benefit’ that’s too small to tax.
To keep track of your usage and expenditure, we recommend using Pod Point. Their back-end technology allows you to manage your charging infrastructure and monitor whether your stations are financially beneficial for you and your business.