Blog

Here at Ostrom, we work hard to ensure we’re contributing towards the energy transition every day. This is why, since we started in April 2021, we’ve only supplied our customers with 100% green energy—no compromises, just renewables.

Ostrom wins big at the Charge Awards 2022 event in Reykjavik, Iceland — winning the World's Best Challenger Brand among a competitive field of energy companies.

As of October, the Tech team is made up of eight individuals from six different countries.

Ostrom has always offered a flexible tariff with no minimum contract period and 100% green energy. We continue to sell electricity at purchase price and only charge a monthly basic fee of 6€. Therefore, Ostrom does not profit from the rising electricity prices, as the purchase price for us also increases by the same amount as for our customers. In fact, we have decided not to pass the peak August prices to protect you, our customers, from the worst of the crisis so far.

Currently, there is a strong focus on building a solid foundation of organic marketing. This is done through interesting Instagram/LinkedIn content pieces and entertaining TikTok and Reel videos.

As of September, the Operations team is made up of seven individuals. Of the seven, 70% are female with five full-time and two working students.

The Merit Order describes the Order, of which energy source gets used first – from the cheapest (renewables) to the most expensive (gas). The cheapest source of energy production always feeds in first. However, the Merit Order does not represent a legal law, but an economic law, that attempts to describe how the electricity price on the electricity market comes about.

Ostrom adapts to the market conditions. Ostrom still sells electricity at cost and customers remain flexible!