SimplyFair24 - Everything you need to know | Ostrom Help Center

SimplyFair24 - Everything you need to know

Written by Laura
May 7, 2026

๐Ÿ’ก What Is the SimplyFair24 Plan?

SimplyFair24 is a variant of our classic SimplyFair plan โ€“ built on the same foundation:

โœ… 100 % renewable energy, transparent pricing, and fair contract terms.

The key difference: you get a complete price guarantee for 24 months โ€“ across all price components.

Perfect if you want maximum planning security over a longer period.


๐Ÿ’ฐ How Is the Price Made Up?

1. Base Fee

2. Unit Price (ct/kWh)


๐Ÿงพ How Does Billing Work?

Monthly Deposit Payments You pay a monthly advance based on your estimated annual consumption.

Annual Settlement Once a year, we compare your actual consumption with your advance payments:

The billing mechanism works the same as SimplyFair โ€“ with the added benefit of a fully guaranteed price for 24 months.


๐Ÿ”ข How Is the Monthly Deposit Payment Calculated?

Your monthly deposit is based on:

  1. Your estimated yearly consumption
  2. The SimplyFair24 unit price (with 24-month guarantee)
  3. The monthly base fee (8 EUR + grid fee)

Formula: (Estimated yearly consumption ร— unit price) + (12 ร— base fee) รท 12

You can adjust your monthly deposit payment at any time in the app if your consumption changes.


๐Ÿ“‹ Contract Term & Cancellation

Minimum contract term 24 months from delivery start
Renewal Automatic monthly renewal after the minimum term
Cancellation within minimum term 2 weeks before the end of the minimum term
Cancellation after minimum term Anytime with 2 weeks' notice