What is meant by "Exchange price"?

The exchange price is the hourly or 15-minute electricity price set on the energy market, the EPEX Spot day-ahead market. If you have a dynamic electricity tariff, this price fluctuates, so it can be higher or lower at different times of the day.

Your total variable electricity price consists of two main components:

1. Exchange price (dynamic electricity price)

• This is the hourly market price per kWh, retrieved automatically every day.

• It fluctuates based on energy supply and demand: higher during peak consumption times, lower when renewable energy production is high.
  
  2. Additional price components

• These include grid fees, levies, electricity taxes, and other procurement costs that are added to the exchange price.

• Overall, the additional price components stay constant across all hours.

• Grid fees and concession fees vary by location.

• Levies, surcharges, and electricity tax are the same for all users nationally.

• Margins, other procurement costs, and any guarantees of origin vary by provider.

• These values are net. VAT is added on top.

If you have a dynamic tariff added to ViCare, a new tile on the dashboard shows your current electricity price, and behind it a screen shows the prices for today and tomorrow. All these prices are your full variable electricity prices, including all additional price components.

Sometimes the exchange price can drop below zero, which means electricity producers pay to feed electricity into the grid. This often happens when there is a high supply of renewable energy, such as wind or solar, and low demand. With a dynamic tariff, this can mean you are effectively paid for the electricity you use during these times. Dynamic Assistant is especially effective at helping you benefit from these fluctuations.