A guide to saving money with Octopus Fleet
Want to know to keep fleet costs low?
Well look no further - at Octopus Fleet, we are here to help.
There are plenty of ways we can help you save money under the Octopus Fleet platform - from the award winning Electroverse app, to our powerful partnerships, and this blog is here to show you how.
Let's get plugged in...
Single platform for fleet management
Rather than spending time talking to multiple platforms, stick to one. With Octopus Fleet, you can do it all - and we do it for you. Save your admin time and multiple transaction fees with one simple platform. The cost of running your fleet has never been so simple.
DID YOU KNOW? We offer our services for all fleet types - from EV to mixed. If you are on track for an EV future, we want to help!
All the features of Octopus Fleet are built to save you money under one unique platform. With the power of Octopus Energy and all its parts, we can essentially help cover all bits of your fleet management - and keep costs down.
But, what does this include?
Electroverse for Business
Electroverse app
Other than the sleek design, and being super easy to use - the Electroverse app can save driver time, and therefore your admin costs. With its EV journey planner, your drivers can save the charging stress when on the go. The filter option allows drivers to specify the search for their needs - ulta-fast chargers on route for a quick pit-stop.
The last thing you want as a business is an astronomical invoice at the end of the month - that’s where we come in! There are plenty of Electroverse discounts around - its knowing where to find them. EV fleet drivers trying out Electroverse for the first time may not know the best way to keep charging costs low.
Lets see what we have to offer:
Plunge Pricing
What is Plunge Pricing? This Electroverse exclusive deal is open to your fleet drivers! Plunge Pricing is a discount event which pops up once in a while. Your drivers can get money off charging on some of the largest charge point operators - so it's worth a friendly reminder when the charging window is open!
So, why do we get Plunge Pricing..?
Every so often, when there’s a surge in renewable energy on the grid, the amount of energy available is more than the consumer demand. When this happens, it means we can provide a charging discount on the excess energy (more on this in the ‘What is Octopus Electroverse Plunge Pricing?’ blog)!
CPO subscriptions
And if you want to save even more…. The Octopus Fleet platform will provide you with real-time data of your drivers' charging habits. Now, the perks of a single platform for all activity means you can analyse your fleets as a whole - and can see which Charge Point Operators (CPOs) they think are best.
Octopus Fleet has the option to opt in to CPO subscriptions - meaning more discounts (and cheaper charging!) if you charge with the same provider regularly. Simply log into your business account and the 'Discounts' section will show you the available subscriptions. By tracking your driver spending, the Octopus Fleet platform will show you which CPOs are worth joining - letting you remind drivers to opt in when it suits.
The other tentacles of the Octopus Energy Group
As part of the Octopus Energy Group, our platform supports the drive to a global energy transition. With Octopus Fleet, this means all things EV - and a complete solution for you.
Green business energy
At the top of the chain - Octopus Energy. Through Octopus Fleet, we can set up your business with green renewable energy right at your (business) doorstep. By providing a business base for charging, your drivers can avoid the pricey public charge points. With a trusted green energy provider, such as Octopus Energy, you can have stress-free green-powered charging for your fleet.
Home reimbursement
Did you know home charging is cheaper than on the public network? The VAT for public charging is 15% more than at home - and the pennies add up. Home charging reimbursement with Octopus Fleet allows your drivers to charge their fleet vehicles with cheaper rates. As well as easy charging for your drivers, and ultimately reducing fleet management costs - it's a win-win situation.
Salary Sacrifice
With Octopus Fleet, we can connect you to our experts on salary sacrifice. We essentially put a bolt on EV salary sacrifice where drivers can also deduct their charging cost from their gross salary. It reduces overall driver tax and National Insurance payments.
Keep your drivers happy with knowing they save money with every single charge while fleet costs down for your business. A joint success!
Speaking of costs…
Transparent pricing
At Octopus, we believe in transparency - in our product and our costs. Rather than hidden fees, we provide competitive discounts. With the help of Electroverse for Business, Octopus Fleet is one of the only fleet management providers with competitive pricing. Offering the best deals, through our extensive network of partners, we work with you to keep fleet costs low and simple.
For charging and fleet payments cards, here's a snippet to the options we offer:
What is Plunge Pricing and how can it save my fleet money?
Plunge Pricing is an exclusive Electroverse discount to help your drivers make the most of the cheapest EV charging times. If your drivers have the Electroverse app, they can jump on the chargers in the Plunge Pricing window and keep charging costs low.
How does the EV Salary Sacrifice scheme reduce costs for both the driver and the business?
Savings for your drivers and overall fleet costs - EV Salary Sacrifice has you covered. It's essentially a gross salary reduction for your driver, and an overall tax cut for you. With reduced National Insurance contributions for fleet managers and a great value EV for your drivers, it's a mutually beneficial deal across the board.
What is the benefit of using a single platform for EV and mixed fleet management?
You are already trying to manage multiple fleets, why complicate it with multiple service providers. At Octopus Fleet we keep it simple through single platform fleet management, providing you with consolidated billing and so much more. With the help from the super Octopus Energy, we can cover all areas from salary sacrifice to EV charging across the board. Keep your transaction fees low with one excellent service - Octopus Fleet.
How does Octopus Fleet manage home charging reimbursement for my EV drivers?
We can take home charging reimbursement stress off your hands. All we ask is for your drivers to have a compatible home charger. As a bonus, we can work with any energy provider - not just Octopus. Your drivers can take control and track their home charge as business through our app. You can see reduced fleet costs by avoiding pricey public charging while keeping driver expense claims simple.
Can I get green business energy and charging for my fleet base?
If you want to jump on the green energy bandwagon, for your business as well as your drivers - talk to us. Through Octopus Energy, we have the power to employ workplace EV charging right at your doorstep. Combine accessibility for your fleets with green business energy, and strive towards a sustainable future.