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What is SimplyFair and how is my electricity price calculated?

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Written by Elinor
Updated today

๐Ÿ”„ What is the SimplyFair tariff?

With SimplyFair, you get electricity at a fair price โ€“ with no hidden fees in the unit price. Many providers profit when you use more electricity. We do not.

๐Ÿ‘‰ Our goal: Help you use less energy, not earn more when you use more.


โš™๏ธ How does Ostrom calculate the electricity price?

We continuously monitor the electricity market and pass on energy to you at cost โ€“ with no markup.

๐Ÿ“ˆ To smooth out extreme price spikes, we use a monthly average unit price that reflects the current market level.

๐Ÿ›‘ This means:

Thereโ€™s no fixed price guarantee, but full transparency.


๐Ÿ“ฆ How is the tariff structured?

Your monthly deposit payment is made up of two components:

  1. Base fee

    • Grid fees from your local grid operator

    • Ostromโ€™s 6 โ‚ฌ monthly fee

  2. Unit price (ct/kWh)

    • The price per kWh charged for your electricity consumption


๐Ÿ“… What happens when prices change?

If thereโ€™s a price adjustment, weโ€™ll notify you four weeks in advance. This ensures that your tariff is valid for at least one full month.

๐Ÿ‘€ You can find more information about past price adjustments in our FAQ.


๐Ÿ“Œ Want to learn more?

๐Ÿ’Œ Or reach out to us via Chat or our contact form.

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