Multiforce Solutions Adds EV Charging Costs To Its Fleet Fuel Management Service

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Multiforce Systems rolled out a new feature for its fleet chargers that allows fleet managers to mitigate the impact of high electricity charges stemming from demand charges and time of use rates.

The new technology holds promise to add financial stability to the price of electricity for fleet managers making the leap to fully electric fleets. “Unlike standard fueling, electrical power for EV charging can cost an organization different amounts depending on the time of day and day of the week,” explained Tom Bates, President of Multiforce Systems.

“This is something fleet managers haven’t had to deal with in the past and they need a straight forward and easy-to-use way to avoid demand charges and peak billing. Our FuelForce/EV™ Power Controller with our new TOD feature set provides just that.”

Multiforce’s new FuelForce/EV power management controllers are designed to be installed between the electrical panel and up to 8 EV chargers. The installation location allows the controllers to sense EV charging demand and then report back relevant metrics to allow fleet managers to adjust behavior to optimize price, charging time, state of charge at the end of the session, etc.. This data is aggregated with fuel pricing and realtime electricity pricing in a central database. Having all of this data in a centralized location that also maintains vehicle, driver, department- and site-specific master data gives fleet managers all the tools they need to assemble the lowest cost solution for the day ahead.

The solution provides fleet managers with electricity fueling costs in a format that’s easy to comprehend, along side petrol pricing as a means of both easing the transition to electrified fleets and for managing a blended fleet at the lowest total cost of operation.

“Electric Vehicles are now being adopted at a faster and faster rate, and both public and private fleets across the country are integrating EVs into standard fleet operations,” stated Warren Williams, Director of EV Business Development for Multiforce. “EV charging costs end up buried in the utility bill, something fleet managers rarely, if ever, see. Secondly, the variable daily utility rates create some serious unknowns when it comes to managing costs.”

Multiforce has a long history in developing and deploying fuel management systems. This new push to integrate electric vehicle fuel costs represents a meaningful step to help fleet managers to get a handle on the next generation of ‘fuel’ for their fleets.

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Kyle Field

I'm a tech geek passionately in search of actionable ways to reduce the negative impact my life has on the planet, save money and reduce stress. Live intentionally, make conscious decisions, love more, act responsibly, play. The more you know, the less you need. As an activist investor, Kyle owns long term holdings in Tesla, Lightning eMotors, Arcimoto, and SolarEdge.

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