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Karl Villanueva & Niklas Hirmke
Overall, most customers experience price decreases due to reduced electricity costs, which are partially offset by increased grid fees and other subsidies. Ostrom’s constant 6 € fee remains unaffected.
As we always value transparency for our customers, below are additional details on each point.
We see that the continued push towards renewables as well as in particular lower gas prices have helped to lower energy prices further from the 2022 peaks and the 2023 levels. For more data, see EEX exchange prices.
Due to record production of renewables last year, the price for certificates of origin have witnessed a significant downward trend.
Every year the grid fees are reassesed by the local grid providers which resulted in an increase. Furthermore the grid fees for the transmission grid (Übertragungsnetz) increased from 3.12 ct/kWh to 6.43 ct/kWh due to the government’s decision to cancel planned grid subsidies of 5.5 billion €. As it was up to all local grid operators to pass on this increase, some local grid operators decided to not fully pass on this change. For more info, see this Handelsblatt article.
The same budget discussion also led to an adjustment of the StromNEV levy, one of the government fees on energy, which is increasing by 0.226 ct/kWh. The Offshore grid levy increased from 0.591 ct/kWh to 0.656 ct/kWh — a total of 0.065 ct/kWh. In contrast to that the KWKG levy has been decreased by 0.082 ct/kWh. In total this makes for an increase of 0.209 ct/kWh. You can find more details about it in this article from the Bundesnetzagentur and this explainer from ISPEX.
Our team at Ostrom appreciates your continued support for our shared green energy mission! Here is a reminder of our live products and features.
Due to various changes taking effect in 2024, the vast majority of Ostrom customers will see a price decrease! Overall, most customers experience price decreases due to reduced electricity costs, which are partially offset by increased grid fees and other subsidies. Ostrom’s constant 6 € fee remains unaffected.
The world of renewable energy is evolving, and Ostrom is at the forefront of it. Solar PV from Ostrom is redefining energy consumption.