Novated Lease
Understanding Novated Lease Reimbursement:
A Complete Guide
Owning an Electric Vehicle through a Novated Lease is an incredibly attractive financial option.
EVs acquired under a novated lease qualify for the FBT exemption, enabling you to purchase and pay for the vehicle entirely from your pre-tax income.
This incentive has driven a surge in EV adoption across Australia, with over 100,000 new battery electric vehicles sold in 2025 alone, averaging around 9,000 per month, and sales continuing to climb in 2026. An added perk of novated leasing is the ability to claim running costs for electricity from home charging. The question to date as been...how?
EV Reimbursement Options for Australian Fleets
For novated lease and fleet EV drivers, two methods exist: cents per kilometre (manual) or cents per kWh (automated).
Cents per kWh is the fairer choice: it automatically tracks actual home charging, delivers accurate energy consumption data, and allows public charging claims alongside.
Cents per km is time-consuming, requires odometer logging, uses a flat rate that ignores vehicle efficiency, and prevents separate public charging claims, often leaving drivers out of pocket.
Read on to discover which option might be best for you...
Claim Method:
Cents per kWh
Claiming cents per kilowatt-hour is the smart, automated way to reimburse EV travel expenses accurately and effortlessly.
Convenient: This method eliminates the need for manual odometer logging or calculations. It automatically tracks your home charging sessions and calculates reimbursements based on actual electricity usage, saving you time and hassle.
Flexible claims: Unlike the cents per kilometre method, claiming cents per kWh allows you to reimburse home charging costs while still claiming public charging expenses separately, ensuring you're never out of pocket.
Fair and precise: This method accounts for your vehicle's real-world efficiency and electricity consumption, providing reimbursements that match exactly what you've used. No more shortfalls for drivers with higher-consuming EVs; it's equitable and tailored to your needs.
Claim Method:
Cents per KM
Claiming cents per kilometre is the manual method for reimbursing EV travel expenses. However, this approach comes with several significant drawbacks.
Time-consuming: Using the cents per kilometre method requires manually logging your odometer readings at the start and end of each month. You then calculate the kilometres travelled and multiply by 4.2 cents to determine your claim, which must be documented manually.
One claim only: If you use the cents per kilometre method for home charging, you cannot legally claim public charging costs as well, leaving the driver personally out of pocket for those expenses.
Inaccurate: The cents per kilometre method is inherently unfair, as it doesn't account for variations in vehicle efficiency. Some EVs consume more power and thus use more electricity per kilometre, yet all drivers are reimbursed at the same flat rate, often resulting in out-of-pocket costs for those with less efficient vehicles
Pulsepoint by INFINITY EV solves home charging reimbursement for novated leases and fleets. Pulsepoint is a cloud platform that integrates with Powersensor to measure and provide you, your novated lease providoer or employer your exact EV charging kWh at home.
How does it work?
Pulsepoint works two ways. Option 1: Powersensor is a self install sensor technology which you connect to your home charger and home energy meter. The Powersensor reports data straight to the Pulsepoint cloud which collates and packages a report of your energy consumption and usage. Ideal to upload to your novated lease provider.
EASY TO INSTALL
Easy Installation, strong customer support
NO HASSLE for DRIVERS
Drivers can simply implement Pulsepoint at home, either with our Pulsepoint enabled charger, or with a Powersensor. Pulsepoint will receive home charging data from each charge session and report directly into Pulsepoint
Fleet Managment
Fleet companies will receive a clear and concise report of all charging in a single report, dramatically reducing administration time and providing greater accuracy. If you are a driver, contact your novated lease provider. If you are an FMO/Novated lease provider and would like to know more or are seeking and API, contact us as info@infinityev.com.au
DELTA AC MAX SMART
ROBUST AND RELIABLE
Engineered for ultimate robustness and reliability, the Delta AC Max leads globally as one of the world’s most trusted AC EV chargers. Its IP55 weatherproof rating and IK09 impact resistance ensure durable performance in dust, rain, and hot environments, Perfect for workplace, fleets, and home charging across Australia.
CHOSEN BY INDUSTRY
As the charger of choice for many projects, the Delta AC Max features full OCPP integration, delivering trusted performance with dedicated Australian support.
Purpose-built with monetisation capability and seamless integration with load management systems, it’s the preferred choice for fleets, businesses, and commercial charging across Australia.
FLEXIBLE
The Delta AC Max Smart delivers unmatched versatility for all business and industry types across Australia. With single-phase and three-phase compatibility, it adapts seamlessly to various power needs. With built-in Ethernet, Wi-Fi, and 4G SIM connectivity, ensuring effortless integration with any charge point management system.