# Ostrom Price Decrease #4: March 2023

By  
Niklas Hirmke  
9.3.2023

2 Min.

## Ostrom reduces electricity costs for all customers once again!

As the electricity prices continue to decrease, we reduce prices for all our customers as well. **Hence, we’re decreasing the unit rate by 3 ct/kWh gross which translates into additional annual savings of 70€ per year for the average German household.**

This is our 4th price decrease — the third in four months. We are again proving that a variable tariff is better than a price guarantee in allowing customers to benefit from all price adjustments.

- [Ostrom Price Decrease #3](/content/post/ostrom-price-decrease-january-2023/index.html)
- [Ostrom Price Decrease #2](/content/post/ostrom-price-decrease-2-december-2022/index.html)
- [Ostrom Price Decrease #1](/content/post/ostrom-price-decrease/index.html)

There are three main reasons why prices have further calmed down:

1. **Mild winter weather**: Temperatures have been consistently higher this winter than the historic average and spring is approaching.
2. **Gas savings**: German consumers and industry saved more than 10% on average compared to previous years.
3. **Good LNG Supply**: Very stable LNG supply throughout the winter season.

**Those three reasons together explain the high gas storage levels which in turn calm the markets resulting in lower gas and electricity prices.**

## Benefit from Our SimplyFair Tariff

Fair, flexible and green—our SimplyFair tariff is the right choice for everyone 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 get.

### **Green Energy Made Easy**

**Switch and save in only 5 minutes!**

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