How is electricity budgeted or accounted for with an EV novated lease and can the cost of charging be salary packaged?
Electric Vehicle Novated Leases
Employees can salary package electricity costs within an EV novated lease. An employee must be able to demonstrate specifically how much energy – and the cost of the energy – is going towards charging the electric car. This can be either obtained through a separate smart meter installed in the home, or by purchasing a fast, in-home charger with the metering included within it.