Advisory Electric Rate (AER) news from BVRLA

Advisory Electric Rate (AER) news from BVRLA

Advisory Electric Rate (AER) news from BVRLA https://wvl.co.uk/wp-content/uploads/shutterstock_2440569545-1.jpg 8500 4500 Abi Badrick Abi Badrick https://secure.gravatar.com/avatar/3190b54eafd839dd18a4f5f14aac51591c86c58746dc51259149901ee41b21b8?s=96&d=mm&r=g

From 1st September, the Advisory Electric Rate (AER) for business travel reimbursement on fully electric cars will be spilt to acknowledge the cost gap between the public and private electric vehicle charging networks.

  • 8p per mile for home charging
  • 14p per mile for public charging

The BVRLA have been pushing for this acknowledgement since 2021 and Thomas McLennan, the BVRLA Director of Policy & Public Affairs, said: “Focus now turns to a ‘rapid charging’ rate as the current rate is not reflective of what many drivers will be experiencing”

The AER falls under the same review cycle as the Advisory Fuel Rates (AFR), which will see two small changes implemented from 1st September.

Diesel vehicles with engines 1600cc or less will increase by one pence to 12ppm. Those with engines over 2000cc will also increase by one pence, to 18ppm.

For the full article, please read here