What does split-billing mean?
Here's how split billing works with home charging for electric vehicles (EVs) and employer reimbursement:
The scenario:
You have an EV that you use both privately and for work.
You charge your EV at home and want your employer to pay the electricity costs for your work-related mileage.
How Split Billing Works:
Smart Charger: You need a smart charger at home that can track electricity used specifically for charging your EV.
Split Billing: Your smart charger can split electricity use into two categories:
Personal charging costs
Work-related charging costs
CPO platform: Your employer probably works with a Charge Point Operator (CPO) platform. This platform manages the reimbursement process for work-related EV charging by employees.
Reimbursement:
The CPO platform receives data on your work-related charging charges from your smart charger.
Your employer receives an invoice from the CPO platform with the electricity costs for your work-related mileage.
Your employer pays that invoice and CPO reimburses you for your work-related charging costs.
Benefits of Split Billing for home EV charging:
Accurate reimbursement: Ensures you are reimbursed for the exact amount of electricity you use for work.
Employee cost savings: You don't pay out of pocket for work-related charging.
Encourages EV use: Makes it more attractive for employees to drive EVs, knowing that work-related charging costs are covered.
Let me know if you have any questions about home EV charging and split billing!