Blog - Electricity contracts
First detailed costs analysis, proving dynamic contracts right
After months of weekend and night work, Powa finally produces detailed charts about my electricity consumption and broken down costs. I could also prove that switching to a dynamic contract has reduced my costs by at least 30%.
What are dynamic electricity supply contracts ?
Dynamic electricity supply contracts are pricing plans where the cost of electricity changes based on real-time market conditions. Prices fluctuate hourly or more often, reflecting supply and demand. This can lead to potential savings for consumers by shifting energy use to off-peak times, but it also requires more active management of electricity consumption.
Open source electricity costs
Electricity costs should be transparent no ? I will open source Powa's market data and methodology to make it transparent and verifiable !