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Calculating costs savings and subsidies for Electric Vehicles for Business

Let’s look at an example of a company with 10 mid-sized vehicles used by company personnel (sales staff, material deliveries). Even with a conservative assumption of 20,000 km per year, the cost reduction is significant.

How much does cost really decrease

A mid-sized corporate vehicle (passenger car or small van):

– With gasoline costs approximately €10.50 per 100 km

– With charging at the office costs approximately €2.50 per 100 km

The difference amounts to €8 per 100 km.

For a vehicle that travels 20,000 km per year, this means about €1,600 of annual savings.

Subsidies and tax benefits

In addition to reduced transportation costs, there are additional important benefits:

“Kinoumai Ikektrika” subsidy of €3,000 for the purchase or long-term lease of a new vehicle

– Tax benefit up to €6,000 from accelerated depreciation

For a vehicle with a pre-tax retail price of €50,000, the company declares €75,000 as a tax expense, significantly reducing income tax.

Total savings for companies

Companies can save more than €20,000 per electric vehicle over a 10-year investment horizon.

In the example:

– Year 1: €3,000 subsidy + €3,000 tax reduction

– Year 2: €3,000 tax reduction

– Years 1–10: €1,600 per year fuel savings (€16,000 total)

The role of software in charging

EV Loader software supports fleet management by:

– Monitoring energy consumption and charging costs

– Managing user access to chargers

– Producing automated cost and ESG reports

– Calculating total fleet charging costs

Power management via EV Loader software

EV Loader software enables dynamic load management to avoid building overloads and power outages. It also enables your company to optimize electricity costs by shifting charging schedule and maximum charging capacity during time intervals of lower electricity costs.

Comprehensive solutions

EV Loader offers Turnkey charging solutions including charger installation or software-only deployment for companies with existing charging stations.

Check out EV Loader Business Services: Link

Reach out directly to our Technical Team to discuss turn-key solutions for your business: Form