T&Cs - Dynamic Tariff

1. Scope Of Application

These supplementary terms for the dynamic tariffs (SimplyDynamic and SimplyDynamicMonthly) of Ostrom GmbH apply in addition to or, where applicable, deviate from the General Terms and Conditions of Ostrom GmbH for the supply of electricity (“Electricity T&Cs”).

2. Special provisions for the SimplyDynamic tariff

2.1. What is the SimplyDynamic tariff?
With the dynamic tariff SimplyDynamic, we pass on the electricity price from the wholesale energy market to you, including taxes and levies. You have a one-month price guarantee in accordance with section 2.7.

2.2. What are the price components of the SimplyDynamic tariff?
2.2.1. Consumption price (Arbeitspreis)
In deviation from section 4.3.1 of the Electricity T&Cs, the consumption-based price includes the following components:
- Spot market priceSales (distribution)
- Electricity tax
- Variable grid fees
- Concession fees
- CHP levy (combined heat and power levy)
- Levy pursuant to § 19 (2) StromNEV
- Offshore grid levy pursuant to § 17f EnWG
- Levy for interruptible loads pursuant to § 18
- Ostrom service fee for other procurement costs (e.g. guarantees of origin, bad debt costs, processing costs, etc.)
For the above components (except the spot market price), the price adjustment rules under section 4.3.7 of the Electricity T&Cs apply.

2.2.2. Ostrom service fee (base price)
The relevant calculation factors for the monthly base fee are:
- Sales (distribution)
- Other
The price adjustment rules under section 4.3.7 of the Electricity T&Cs apply.

2.2.3. Monthly “grid fees” charge
The relevant calculation factors for the monthly “grid fees” charge are:
- Grid fees
- Metering operation
The price adjustment rules under section 4.3.7 of the Electricity T&Cs apply.

2.3. What is the spot market price?
The spot market price (ct/kWh) corresponds to the prices of EPEX Spot SE, the European power exchange for short-term electricity trading. Among other things, EPEX operates the day-ahead electricity market in Germany, where prices for each hour of the following day are determined and published once daily in EUR/MWh. These prices can be viewed on the EPEX website (https://www.epexspot.com/en/basicspowermarket) and in our app.
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2.3.2. The price determined for each hour of the following day is passed on to customers. For clarity, spot market prices are automatically adjusted, and Ostrom has no discretion over these changes. Customers are explicitly informed that hourly prices are not fixed in advance but change hourly depending on the spot market.Compared to fixed-price contracts, this presents both opportunities and risks. Spot prices may fall below fixed market prices, resulting in (potentially significant) savings. However, they may also exceed fixed-price tariffs. In this case, customers have no protection against electricity costs that may significantly exceed comparable fixed-price contracts.

2.4. What type of electricity meter is required?
‍This tariff is only offered to customers with an intelligent metering system pursuant to § 2 no. 7 MsbG (“smart meter”). If such a system enables hourly consumption measurement, billing is based on actual hourly consumption.Another requirement is that the metering operator provides Ostrom with hourly data in an appropriate format. If this is not the case, we are entitled to terminate the contract and offer you a switch to another tariff.

2.5. What happens if you sign up without a smart meter?
If a customer signs up without a smart meter or if hourly data is not properly provided, spot prices are allocated based on the applicable standard load profile.If billing must permanently switch from interval-based to standard load profile during the contract, Ostrom may adjust billing accordingly. In this case, the customer may terminate the contract within four weeks of notification with immediate effect.

2.6. How is electricity billed under SimplyDynamic?
Billing is based on actual hourly consumption. The invoice is sent electronically by the 15th of each month and covers monthly consumption.