Salary-Sacrific-Banner-1920x923px_edited.jpg

Make your Electric Dreams come true

Electric Dreams is a new way for you to drive a brand new electric car and save up to 40% of the cost.*

 

It’s free for your employer to set up and easy to run. So, if they don’t already know about it, maybe you should tell them!

...and share with your Benefits Boss

What is Electric Dreams Salary Sacrifice?

It’s a bit like the Cycle to Work scheme, but for electric cars. 

You can drive a brand-new electric car using part of your gross salary - making savings on income tax and national insurance. You will pay some company car tax (Benefit in Kind) but the rates for electric cars are extremely low until 2025.** 

You can save up to 40% on driving a brand-new electric car with maintenance, tyres and more included, plus optional insurance.*** We’ll even kick in a free charger and 8,000 miles of free home charge or 5,000 miles public charge on the Electric Juice Network + £50 home credit, if you switch to Octopus Energy at home.****

It’s free for your company to join and easy to run - share this pack with your benefits boss today.
 

Our cars

What's Included? 

Brand new-electric car

Choose from the latest zero-tailpipe emission cars and start saving £££s today.

Free Home charge point

Octopus Energy Services will install a free smart home charger if you have off street parking.*****

All-inclusive package

Maintenance, tyres, road tax, MOT, AA breakdown all included plus optional insurance.

Free electric miles

Switch to Octopus Energy at home to get 8,000 miles free home charge or 5,000 miles public charge on the Electric Juice Network + £50 home credit.

Dazzling 5 star service

Dedicated support team rated 5 stars for customer service on Trustpilot.

No surprise bills

A generous £500 hassle-free end of contract damage waiver makes it easier to exchange your car for a new one.

...and share with your Benefits boss

This will depend on your income, your car choice and how your employer designs the scheme. For example, if insurance is included, it will take into account where you live.

 

Meet George, a 35 year old HR manager living in Hampshire on a salary of £40,000.

George chooses a VW ID.3 Life Pro.

ID3_V2 (1).png

Without insurance

With insurance

£349/month

£242/month

£413/month

£286/month

£112/month 

Net savings

 

(£70) Income tax

(£42) National insurance

£132/month

Net savings

 

(£83) Income tax

(£49) National insurance

Gross Salary Sacrifice

 

(What comes out of your pre-tax salary)

Gross Salary Sacrifice

 

(What comes out of your pre-tax salary)

    Net cost******

 

£5 company car tax included

    Net cost******

 

£5 company car tax included

Tell your Benefit Boss about Electric Dreams today

What happens next?

No1-59x134px.png
Tell your benefit boss

If you make the introduction we’ll do the rest, it’s win win.

No2-91x145px.png
Your company signs up

It costs your employer nothing to set up and is easy to run.

Launch Electric Dreams
No3-87x144px.png
Charging

We’ll help you and your colleagues choose the right car and support you with delivery. 

We’ll install a free charger and provide free charge for when you’re at home or on the road.

Make Electric Dreams come true for your team

or download our information pack

*Savings achieved through a combination of reduced income tax and national insurance
**Benefit in kind (BiK) is the percentage charge applied to calculate an employee’s company car tax. It’s directly linked with a vehicle's CO2 emissions. BiK for electric vehicles is 1% for 2021/22, rising to 2% until 2025. Petrol and diesel cars are taxed at higher BiK rates - up to 37%.
***Subject to availability and eligibility. T&Cs apply. Insurance optional.
****8,000 miles received in the form of credit to your Octopus Energy account when you switch to the Octopus Go tariff on delivery of your car. Please note that this is calculated based on charging your car during the off-peak window (at 5p kWh this is £100 of credit). Available on PCH, BCH and selected Salary Sacrifice deals. Octopus Electric Vehicles reserves the right to stop this promotion at any time. The calculation for the 8,000 free miles; on average it takes 1 kWh of energy to travel 4 miles. 8000 miles is therefore 2000 kWh of energy. On Octopus Go it's 5p per kWh during off peak charge time, hence it's £100 to use 2000 kWh of energy. Valid for cars ordered in 2021. Smart charger of our choice, including a standard installation - https://octopus.energy/services/standard-ev-install/ - and assumes £350 Government Grant.
£25 per fuel (gas & electricity). 5000 miles of public charging is based on an avg. daily mileage of 20 miles, 250 working days a year and an avg. cost of electricity of 30p kWh & a 4p/mile efficiency = £375 ex VAT received in the form of credit on your Electric Juice Network account. Valid for cars ordered in 2021. 
*****Valid for cars ordered in 2021. Smart charger of our choice, including a standard installation - https://octopus.energy/services/standard-ev-install/ - and assumes £350 Government Grant.

******Price correct as of 20/10/21. Based on the ID.3 Life Pro on a 48 month, 8000 miles/year term. For insurance, this was based on the postcode RG25 2AE.  Costs displayed represent the 2021/22 period. Subject to eligibility. Terms and Conditions apply. Price subject to change at any time.