EDF partners with DriveElectric to offer SME customers EV salary sacrifice

EDF is now offering its SME business customers an electric vehicle salary sacrifice scheme through EV leasing company DriveElectric.

Under salary sacrifice, an employee sacrifices part of their salary before tax for the vehicle, providing both them and their employees with savings compared to if they were acquiring the car in a more traditional way.

Because the amount saved is linked to the income tax the employee pays, this provides major savings for them, particularly if EVs are selected, due to the level of benefit-in-kind tax they attract.

A Pod Point 7kW Solo 3 home charger can also be included in the EDF salary sacrifice package if required, allowing drivers to make significant savings on their home charger too

Diana Bowden, sales and marketing director at EDF, said: “At EDF, we’re on a mission to help everyone go net zero by making it easier for customers to save cash and CO2.

“We’re delighted to announce the launch of our salary sacrifice offer with DriveElectric.

“This latest initiative gives the employees of our business customers the ability to drive a brand new EV and have a Pod Point home charger fitted with significant savings, as well as to charge their vehicle using our zero carbon GoElectric tariff.”

Adam Kemp, director of partnerships at DriveElectric, says: “Working in partnership with EDF since 2019, together we pioneered one of the first EV lease, charger and tariff propositions.

“Our expanded partnership now allows EDF business customers to drive an V cost-effectively through salary sacrifice, and our new online system puts them in charge of the car selection and ordering process.”