Why has the unit rate for my SimplyFair tariff increased? ⚡
We understand: a price increase is never pleasant. That’s why we want to explain clearly and transparently why your tariff is changing.
📌 Who is affected by this price adjustment?
This adjustment applies only to SimplyFair customers.
We are informing you at least 4 weeks in advance, in line with our T&C.
📈 Why is my electricity price increasing?
Energy market prices have recently risen significantly. The main reason:
→ Higher gas and oil prices in connection with the Iran war. This development affects not only Germany but all of Europe – and directly impacts electricity prices.
→ Electricity prices are set uniformly across the European market. The merit-order principle applies: gas-fired power plants often determine the market price. When gas becomes more expensive, electricity prices increase overall – regardless of how your tariff is structured in detail.
📈Deep Dive: Why is the unit rate increasing?
📈Deep Dive: Why is the unit rate increasing?
Oil and gas prices: Energy prices moved up sharply after the conflict escalated. Oil prices (Brent) ranged between $100 and $115 per barrel in March after around $69 in February, roughly 92–105 € versus 64 €. Europe's gas benchmark (TTF) also rose from around 32 € / MWh in February to above 50 € / MWh in March. Source, Source, Blog Post - How the Iran Crisis Is Reshaping European Energy Prices
Electricity prices: Rising gas prices increase electricity costs, as gas-fired power plants often set the market price (merit order). Source, Blog Post - Merit Order: Why Your Electricity Bill Rises When Gas Gets Expensive (Even if You Use Green Energy)
Ceasefire: The 2-week temporary ceasefire has not held and now the US is blockading the Strait of Hormuz since the weekend. This has caused tanker flows to remain way below normal and has caused energy prices to stay at their highs. Source
Transparency is particularly important to us, which is why we have prepared the background information in detail and in an understandable way for you in the linked blog posts.
💸 What does this mean for me?
With this price adjustment:
Your unit rate (ct/kWh) will increase
Your monthly deposit may change
Your base fee remains unchanged
All individual details can be found in your price adjustment email.
❗ Do I have a special termination right?
Yes – with a price increase, you have a special right of termination.
This means you can cancel your contract at the time of the change without observing the regular notice period.
If you wish to terminate, contact us via the contact form or through the chat. Alternatively, you can use the termination form.
🤝 What can I do now?
If you are concerned about the new price, we’re here to help:
You can adjust your monthly deposit anytime in the app
You can check your own consumption under “Home”
If you have questions, reach out via chat or the contact form