EM - December 2013/January 2014 - (Page 4)
4
December 2013/January 2014 * www.esb.ie/em
NEWS
DRIVE YOUR
MOTORING COSTS DOWN
8 Significant savings are on offer for those who choose to switch to an electric vehicle in 2014.
The 100% electric Nissan Euro LEAF.
The 100% electric Renault ZOE.
2014 ELECTRIC CAR STAFF OFFER
St. Patrick's Credit Union (ESB
Staff) and ESB Staff Insurance
Scheme have teamed up to offer staff
significant savings when purchasing
or insuring an electric vehicle. The
offers of an ecar loan at a reduced
rate and discounted motor insurance
premium makes driving an ecar even
more affordable for ESB staff and
pensioners. Renault and Nissan have
also introduced special incentives for
ESB staff purchasing an electric car.
The combination of these schemes
and the nationwide charge point
infrastructure, makes e-driving
a reliable and more cost effective
alternative to more traditional forms
of transport.
ESB ecars Manager, Dermot
McArdle, said: "ESB ecars welcomes
this initiative from St Patrick's Credit
Union and ESB Staff Insurance
Scheme which will further support
staff making the switch to an electric
car. It also ties in with ESB's wider
corporate sustainability strategy".
Andrea Bruen, Manager, ESB
Insurance Scheme, added "ESB Staff
Insurance Scheme is happy to team
up with St Patrick's Credit Union to
offer an exclusive top of the range
ecar package to support ESB's vision
for a greener sustainable future".
While attending the announcement
of the staff ecar offering, Robert
Cooper, CEO, St Patrick's Credit Union,
said: ''We are delighted to announce
the launch of a new Electric Vehicle
Loan. This initiative, in conjunction
with the ESB ecars programme,
assists all St. Patrick's Credit Union
members in the purchase of an ecar at
a significantly reduced loan rate. We
welcome the opportunity to support
the ecar programme nationally which
affirms our own sustainability ethos.
In line with our approach to managing
money, we would encourage all
members to consider the potential
savings associated with running an
ecar.''
Electric Vehicle ESB Staff Insurance
Scheme Offer
ESB Corporate Insurance have
negotiated a significant 30%
discount off its lowest rate with
our underwriters, RSA Insurance
Ireland Ltd, giving staff insuring
an EV, an average premium of
€240.* This exclusive motor
insurance package is open to
all ESB staff members and their
domestic partners, present and
retired who purchase an electric
vehicle.
* (Quote based on Insured and
Partner driving, full licences, full
No Claims Discount (5+ yrs), max
four penalty points)
To avail of this exclusive offer and
to find out terms and conditions,
please contact ESB Staff Insurance
Scheme on 01 702 6900.
Electric Vehicle Loan from St.
Patrick's Credit Union (ESB
Staff) Ltd.
All members of the Credit Union
can apply for this loan which is
exclusively for the purchase of
a vehicle powered entirely by
electricity, i.e. Hybrid and Bio-fuel
vehicles are excluded. The Electric
Vehicle Loan interest rate will be
fixed at 5.5% p.a. which is 2%
lower than our current standard
variable loan rate.
The table below shows the
relevant repayments on an EV
Loan of €20,000** over five years
and shows the savings that can be
made compared to our Standard
Loan.
Interest
Rate %
Monthly
Repayment
Total
Interest
5.5
382.02
2,921.39
7.5
400.76
4,045.54
** Based on the purchase of an
Electric Vehicle costing €25,000
less a government grant of €5,000.
For further details and a full list
of Terms & Conditions please see
our website www.stpatrickscu.
ie or contact by email info@
stpatrickscu.ie or by phone on
Freephone 1800 94 00 77 or
Standard National Call Rate on 01
632 5100.
Andrew O'Connell, ESB ecars; Robert Cooper, CEO St
Patrick's Credit Union (ESB Staff Ltd.), and Andrea
Bruen, Manager ESB Staff Insurance Scheme.
Electric Vehicle Special Offer
If you're thinking of buying a new
car in 2014... an ecar might be right
up your street! The Nissan LEAF is
included under the Nissan finance
package from €229 per month. The
Nissan offer includes three free
services and a 15% reduction on
accessories and extras on the new
Euro LEAF. More details available
from local LEAF dealers.
http://www.esb.ie/em
http://www.stpatrickscu.ie
http://www.stpatrickscu.ie
Table of Contents for the Digital Edition of EM - December 2013/January 2014
EM - December 2013/January 2014
Contents
News
Innovation
Generation & Wholesale Markets
BSC & Electric Ireland
ESB Networks Ltd
Health & Habitat
EM - December 2013/January 2014
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