Skip to main content

How is the monthly deposit calculated in the SimplyFair tariff?

Elinor avatar
Written by Elinor
Updated today

๐Ÿ“Š How is your monthly deposit payment calculated?

Our pricing model determines the amount of your monthly deposit payment based on the following components:


๐Ÿ”Œ Estimated yearly consumption

This indicates how much electricity you are expected to use per year โ€“ measured in kilowatt-hours (kWh).

โšก Unit price

The energy rate is calculated in cents per kilowatt-hour. At Ostrom, you get electricity at cost price โ€“ with no markup.

๐Ÿ”ง Grid fees

These fees are charged by your local grid operator to transport electricity from the power plant to your home.

โ˜€๏ธ Ostrom base fee

Our flat base fee is โ‚ฌ6 per month. Unlike many providers, we only charge this flat fee โ€“ we do not profit from your consumption.


๐Ÿ“Œ Example calculation

  • Energy rate: 30 ct/kWh

  • Yearly consumption: 1200 kWh

  • Grid fees: โ‚ฌ4

  • Ostrom base fee: โ‚ฌ6

Calculation:
1200 kWh / 12 months = 100 kWh per month
100 kWh ร— 30 ct/kWh = โ‚ฌ30
โ‚ฌ30 + โ‚ฌ4 grid fees + โ‚ฌ6 base fee = โ‚ฌ40

โ†’ โ‚ฌ40 monthly deposit payment (example)


๐Ÿงฎ Want to calculate your own deposit payment?

Feel free to use our tariff calculator! ๐Ÿš€

Did this answer your question?