Smart Meter Initiative
What Is The Smart Meter Initiative?
Ostrom is part of the Smart Meter Initiative, launched by Octopus Energy, Tibber, and RABOT Charge, which aims to accelerate the deployment of smart meters in Germany.
Under the "Digital Restart for the Energy Transition" law, all German households will be guaranteed the right to smart meters from 2025.
We are already working with local network operators to develop efficient processes to enable a smooth rollout.
Smart meters play a crucial role in the energy transition. Combined with a dynamic electricity tariff, electricity can be consumed precisely when it is most affordable and typically also the greenest.
As our customers, you not only save money but also enable the shifting of loads to more favorable hours, relieving the grid, and balancing the volatility of renewable energies which are all necessities for the energy transition in Germany.
What Is A Smart Meter?
A smart meter is a device that can accurately monitor and transmit your energy consumption in real time. In contrast to conventional meters, which require manual readings and often result in estimations, smart meters provide detailed and precise information about your energy usage. This data can be transmitted directly to your utility provider, eliminating the need for manual meter readings andensuring that you are only billed according to your actual consumption.
Real-time Data and Consumption Transparency
Smart meters provide real-time data on energy consumption, allowing consumers to better understand and optimize their energy use. This promotes more conscious consumption behavior and helps avoid peak loads.
Through detailed recording and analysis of energy consumption data, smart meters can help better manage and integrate the feed-in of renewable energies such as solar and wind power. This enables more stable grid management and reduces dependence on fossil fuels.
With smart meters, grid operators can better balance loads and detect and resolve grid bottlenecks early. This leads to more efficient use of the power grid and reduces the need for costly grid expansion measures.
Smart meters enable the implementation of demand-side management strategies, where consumers are financially incentivized to shift their energy consumption to periods of low demand. This can reduce grid stress during peak times and improve the overall efficiency of the energy system.
What Is A Dynamic Tariff?
The price of electricity changes hourly based on supply and demand on the market. With our dynamic pricing, you save money when electricity is cheapest – like at night or when the sun is shining, or the wind is blowing. In the Ostrom App, you can see exactly when it’s the best time to use energy. That way, you always pay the current market price plus taxes and fees – fair and transparent.
How To Get Our Dynamic Tariff
Sign Up To Ostrom
Sign up for our SimplyFair plan on our website. Check to make sure all the requirements for installing a smart meter are met, and order your smart meter using our order form.
As soon as your contract is confirmed, the grid operator will inform us if you have a smart meter and are eligible for our SimplyDynamic tariff.
If we do not automatically receive your consumption data daily we will request it from the grid operator. This can take up to 8 weeks.
Once we receive your consumption data, we will notify you and you will automatically have the option to switch to our dynamic tariff in the Ostrom App. Let the savings begin!
Your Energy. Your Control.
Because let’s be honest: it’s overdue. Simply sign up on our website and manage everything in our app. No need for "email templates" or translation apps!
With the Ostrom app you can do it all:
Our team will respond quickly and reliably to help you solve your problems! Do you have any questions? Just ask them directly in the chat in the Ostrom app.
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Ostrom’s Smart Products
Browse our smart products for even better control over your energy consumption. From smart meter integration to electric vehicle charging, optimizing your consumption with Ostrom will benefit both the environment and your wallet!
Take control of your energy costs! Our Dynamic Pricing lets you compare your consumption to the hourly market prices so you can use more when it costs less, and vice versa.
Discover Ostrom's smart heating and cooling solutions. Take control with our user-friendly Ostrom App, saving energy and enjoying a comfortable home all year round.
Need your electric vehicle ready to go when you are? Just plug in and relax! With optimized charging, you can rely on the Ostrom app to charge your car during the cheapest hours.
Get everything you need for your smart home! From intelligent assistant speakers and electric vehicle chargers to smart thermostats and much more. Find it all on the Ostrom Store!
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