Ostrom Price Decrease #7: August 2023


Rahel Kunkel


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Mins read

Again Ostrom is reducing electricity prices for all customers!

As the electricity prices continue to stabilize at a slightly lower rate, we’re decreasing prices once again. The unit rate will be decreased by 1,66 ct/kWh gross which translates to additional annual savings of 40€ per year, on top of the several hundred euros from our earlier price decreases for the average Ostrom customer.

A high share of renewable energy caused by lots of power generated by wind has led to lower gas consumption. Combined with more LNG terminals, the price is further stabilizing to create a lower rate.

This is our sixth price decrease since December 2022 and our 7th in total. Once again, our customers profit from our variable tariff compared to being stuck with a costly price guarantee.

Benefit from Our Simply Fair Tariff

Fair, flexible, and green—our SimplyFair tariff is the right choice for anyone who doesn’t want to be stuck with a long lock-in period at a traditional provider.

We provide you with 100% green electricity at cost. In case prices change, we pass them on to our customers, and you only pay for what you use.

More Than Electricity

  • Save Money with Dynamic Pricing and Smart Meters. Start to control your electricity costs! We are now offering a dynamic tariff, so you can track your energy consumption and get billed at the current hourly rate. The electricity price on the wholesale energy market varies hourly. We always pass on the wholesale electricity price plus taxes and levies directly to you. In times of heavy winds, sunshine, or at night, electricity is cheaper. We at Ostrom enable you to take advantage of this and consume electricity at the cheapest time. Sign up here and start to save money.
  • Smart EV Charging: Charge Your Electric Vehicle With Ostrom. We are offering smart charging to allow our customers to charge their electric vehicles (EVs) during the cheapest and greenest hours! No more need to time your charging at the cheapest hours! Check out the EV integration on our website here.
  • Ostrom Store: Get your smart home essentials with us! As we integrate more and more smart home devices, we want to make these as easily accessible to our customers. So we launched our Ostrom Store, where you can get EV charging stations, smart thermostats, smart speakers, and more! We keep adding more devices over time, so do check it regularly.
  • THG-Quote: Get Up To 300€ Bonus Annually! Benefit from owning an electric vehicle (EV) and register here to sell your THG-Quote. Ostrom sells THG-Quotes in bundles, so you get the best price. Sign up now and Ostrom will handle the rest for you.