With drivers charging at home, at the office and on the public highway, reimbursing electric vehicle drivers can become quite complex. TMC are Europe’s leaders in fuel and EV management and key to our recent success is our ability to reimburse electric vehicle users directly at actual cost.
TMC have a number of options when it comes to electric vehicle reimbursement and have even calculated our own rates taking into account the true cost of running an EV in the real world.
Furthermore, TMC can now credit the employee’s energy provider directly with their Utility+ solution, eliminating the need for employees to claim back domestic charging costs.
How it works
The driver(s) confirms their energy provider, tariff information and uploads a copy of their energy bill via the TMC app or online system.
We reimburse the energy provider in full for the cost of domestic charging.
TMC take in any telematics data directly or the driver uses our mobile app to capture business trips via GPS. Through our audits, TMC confirm the accurate business/private mileage split, calculate the true cost per mile and recover any private mileage element owed by the driver through payroll.
Drivers can be reimbursed at actual cost, HMRC rate or using the TMC calculated EV rates. No need to deal with any administration or involve payroll and nothing else is required from the driver! Any public and/or office charging is offset, ensuring that drivers are correctly reimbursed for any EV charging at their own expense.
Through an online dashboard, we then present the cost of all charging at home, on the highway and at the office, along with true cost, carbon and performance data for each vehicle and driver.
TMC are helping businesses electrify their fleet with confidence. Get in touch to see how we can help you!