Ostrom™ Blog ⚡️ Ostrom Price Decrease #7: August 2023

Ostrom Price Decrease #7: August 2023

By

Rahel Kunkel

2.8.2023

3

Min.

-min.avif)

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.

Ostrom tariff history

Calculation made with zipcode 12169 Berlin as reference.

Unit Rate (ct/kWh)

Source:Ostrom Get the data Created with Datawrapper

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