Skip to main content
All CollectionsPayments
What's a monthly deposit (Abschlag) and what do i need to know about it?
What's a monthly deposit (Abschlag) and what do i need to know about it?
Karl Villanueva avatar
Written by Karl Villanueva
Updated over a week ago

The monthly deposit is a monthly billing amount, kind of like a downpayment, based on your estimated annual electricity consumption.

After 12 months, or when you end your contract, your estimated electricity consumption and your actual electricity consumption will be compared. If you have used less electricity, you will receive a credit, and if you have used more, we will bill you for the amount.

As an Ostrom customer, you can easily monitor your electricity consumption in the Ostrom app and also adjust your monthly deposit.

Download the Ostrom app from the App Store or the Google Play Store.

Did this answer your question?