Case Study – EDF

EDF, Britain’s biggest generator of zero carbon electricity, is running Tusker’s salary sacrifice car benefits scheme for its employees nationwide. The scheme allows employees to drive electric vehicles or ultra-low emission vehicles (ULEVs) without the expense and uncertainty that can come with electric vehicle ownership. The scheme also benefits employers by offering considerable tax savings.

EDF generates low carbon electricity from eight nuclear power stations, more than thirty onshore wind farms and two offshore wind farms, thousands of EV charge-points, and combined heat and power plants. It is helping Britain achieve Net Zero by leading the transition to a cleaner, low emission electric future and tackling climate change.

EDF has been running Tusker’s salary sacrifice car benefit scheme since February 2020, with a focus on electric vehicles and ULEVs. The company has had a 4% uptake of scheme to date, with 437 cars ordered and currently 13-14 additional employees per month are signing up to the scheme, due to the fantastic benefits it offers.

Employees of EDF are reporting savings of around £150-£200 per month, compared to PCP and the Smart forfour is cheapest on the scheme at just £222 per month. So far, 93% of take up has been for pure electric vehicles. 20 of EDF’s sites are equipped with charge points, with 300 additional charge points due to be available to employees by December 2021.

EDF’s employees have been impressed with the choice of makes and models available on the Tusker scheme, with their most popular models being Peugeot e-2008, Audi e-tron, Kia e-Niro, Tesla Model 3 and Mercedes EQC.

There was a big lead up to the successful launch of the scheme in February 2020, to engage and educate groups of employee stakeholders individually.

 “We’ve been really impressed with the Tusker salary sacrifice car benefits scheme. In the current climate it is great because it is giving benefits to employees whilst saving us money! The scheme has already saved us over £450,000,” said Vanessa Corsie, Pensions Operations & Benefits Manager from EDF.

 “Tusker’s insurance is also brilliant for peace of mind, it mitigates most of the potential loss on redundancies, resignations, and maternity leave. And contrary to popular belief, our employees haven’t been waiting months for the delivery of EVs, we’ve been impressed that the lead times are the same as petrol vehicles – a matter of weeks!”

EDF is part of EDF Group. A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business generation, transmission, distribution, energy supply and trading, energy services. The Group is involved in supplying energy and services to approximately 37.9 million customers, 28.1 million of which are in France. It generated consolidated sales of €69 billion in 2020. EDF is listed on the Paris Stock Exchange.