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Use your dynamic tariffs smartly
If you have a dynamic energy contract, you want to keep your energy costs as low as possible. The free HomeWizard Energy app and the P1 Meter give you live insight into your energy consumption. You can easily switch at the cheapest hours of the day. That way, you can make the most of your dynamic tariffs without paying too much!
Understanding your dynamic costs
In the HomeWizard Energy app, you can easily enter your dynamic tariffs. The app’s graphs calculate your costs and show them on a daily, weekly, monthly, and annual basis. This way, you will know exactly how much you spend on gas, electricity, and water. The current hourly rates per kWh are loaded automatically. You only have to enter the VAT rate and other costs per kWh yourself.
How do I fill in my dynamic tariffs?
Independent
of energy supplier
Cheap power is
renewable power
Use the cheapest
hours smartly
Wash and dry when energy is cheapest
Thanks to the Bosch and Siemens connection, you can have your washer, dryer, and dishwasher start automatically when energy is cheapest. Set smart tasks and specify between which hours your appliance should start. The smart task then looks at what hour it is cheapest to begin and automatically turns on your appliance. Pair Home Connect with the HomeWizard Energy app and maximize your dynamic rates!
More about Home Connect
Turn your appliances on during the cheapest hours
Automatically turn on your appliances with a plug during the most economical hours. In the app, go to settings and press ‘EnergySaver’ in the menu. Choose ‘Dynamic Rate’ and then the duration of your task. You can also specify the time you want the task performed and on which days. Your Energy Socket will automatically turn on your appliances when it is most advantageous! To do this, you need Energy+ in addition to an Energy Socket.
Buy the Energy SocketFrequently asked questions
You will find the costs for your dynamic tariffs on your energy supplier’s invoice.
Dynamic tariffs are energy prices that vary based on supply and demand in the energy market. Instead of a fixed rate per kWh, you pay a rate that can vary hourly. Several factors determine the cost of dynamic rates:
- Supply and demand: When energy demand is high, such as during evening hours when many people are home, prices rise. But when demand is low, prices fall, such as during the day and night. This can also be the case when there is more supply than demand, such as when it is very sunny, or when there is a lot of wind.
- Taxes and charges: Besides the base price per kWh, taxes such as VAT and grid management charges are added to the total cost.
- Supply costs: Your energy supplier charges for delivering the energy to your home. These costs often vary between suppliers.
Dynamic rates allow you to take advantage of energy price fluctuations by purchasing energy during the cheapest hours. This is cheaper and encourages the use of renewable energy sources when they are most available, contributing to a more stable and efficient energy network. With our dynamic rate task, you automatically switch your appliances at the cheapest hours of the day.
You need the Energy app, an Energy Socket, and a subscription to Energy+ to set up a dynamic tariff task.
Yes, you can set up multiple smart tasks for different devices by creating new tasks in the Energy app.
It is not possible to automatically switch when energy prices are negative. For power to be free, there must be a substantial energy surplus generated by solar and wind power and a shortage of demand. When consumption is low, and there is much more supply than demand, prices can fall below zero. Still, power is rarely truly free because of energy taxes, VAT, and supply costs.
You can easily link Home Connect to the Energy app by going to ‘Meters > Add Device’ and selecting Home Connect. Follow the steps in the app to connect your devices and then set smart tasks to switch smartly when power is the cheapest.
