Transitioning to electric vehicles (EVs) in your fleet reduces costs and supports sustainability efforts, with home charging offering a key advantage over traditional fueling methods. Employees can start each day with a fully charged vehicle, and businesses can save 30-60% on energy costs by utilizing off-peak residential electricity rates. However, accurately calculating and reimbursing home charging expenses presents challenges that, if mishandled, can lead to employee dissatisfaction and legal risks.
This white paper explores the complexities of home charging reimbursement for fleet managers and provides best practices to ensure fair, compliant, and efficient compensation.