Which businesses can sign up for Octopus Electroverse for Business?
Got fleet electrification on the mind? Well, look no further. This is Octopus Electroverse for Business, your one-stop solution to fleet electrification using the public charging network.
Want to find out if your business is eligible? Just keep on reading.
Let’s get plugged in…
What is Octopus Electroverse for Business?
As the name suggests, Electroverse for Business is the perfect solution for on-the-go charging, combining a sleek online platform with our award-winning app. It helps businesses tackle common challenges in managing their EV fleets.
View, adjust and download charging history details (like where/when charging sessions took place and the total cost) all in one dashboard. Reports can be broken down by group or individual driver.
What’s more, drivers won’t be out of pocket. Gone are the days of claiming back expenses, as each assigned charging card (Electrocard) is linked to the business account. With each Electrocard comes access to 1,092,154 public charge points - you can see where drivers can charge by exploring our network map.
Who’s eligible to sign up for Octopus Electroverse for Business?
Below are the business types who are able to sign up to Electroverse for Business and the number/s you'll need to enter to do so:
Limited Company - UK Companies House number required, VAT number optional
Partnership - UK Companies House number, VAT optional
Sole Trader - VAT required
Charity - Companies House number optional, Charities Commission optional, VAT optional
Secondly, can your business set up a Direct Debit? Payment for Electroverse for Business is collected via Direct Debit, a requirement to set up your business account. Consolidated payment for any subscription costs and public charging completed will be taken once a month and wrapped up into one invoice!
If you’ve answered yes! to both of the above, then good news - you can probably join. We’ll leave a few examples of eligible companies below:
Sole Traders, Charities and Partnerships
If you’re a Sole Trader, in a Partnership or a Charity you can create an Electroverse for Business account. To complete registration, you’ll need to give your VAT, UK Companies House or Commission number!
I’m self-employed, can I join? If you’re self-employed and aren’t registered as a Sole Trader, you can still sign up for Electroverse for Business! Similar to Sole Traders, you'll need to enter a VAT, UK Companies House or Commission number.
SMEs: Small and medium-sized enterprises (1-250 drivers)
Did you know that small and medium-sized enterprises comprise 99.9% of all UK businesses? So, if you’ve got 1 - 250 drivers in your fleet, chances are your business is eligible for Octopus Electroverse for Business.
In 2019, 7,700 businesses in the UK were large enterprises - and despite making up only 0.1% of all businesses, employed almost 40% of the UK’s workforce.
Simply add your driver’s names and email addresses, and they’ll be onboarded to your Business account.
Order however many Electrocards you need - 1 per driver is a good rule! - and they’ll be delivered within 3 - 5 working days.
How much does Octopus Electroverse for Business cost?
We believe in keeping things refreshingly simple. That's why we've designed our public charging subscription to be transparent and without the faff. No tricky maths, just a straightforward plan that helps your fleet get powered up without the headache.
Here's the lowdown on our pricing:
£4.50 + VAT per driver, per month: They get Electroverse access, a network of over 1 million public chargers!
You only pay for what your drivers charge: On top of the subscription fee, you'll be charged for the electricity your drivers use.
You’ll get access to our powerful platform: Get all the insights, reporting, and fleet management tools you need without paying a single extra penny.
Zero hidden fees: We're not about sneaky charges. What you see is what you get.
The cherry on top? We’re offering new businesses zero subscription costs for 2 months when they sign up. That could be you - sign up here!