Exchange electricity pricing can now be used in eParking
The exchange electricity feature of eParking, which was available to order from the end of 2024, can now be put into use. The long-awaited feature serves car chargers and heaters even more versatilely.
As the first in Finland, the exchange electricity service has been piloted starting from September 2024 with a total of more than 1,200 parking spaces by Ruoholahten Parking Oy, whose charging and heating customers' experiences and feedback have made the service better and more functional. You can read more about Ruoholahti's parking complex in our blog post .
The real estate representative can order the exchange electricity service from eParking in the same way as other operating services. In order for the property to be able to use stock exchange electricity, it must first enter into a stock exchange electricity contract with the electricity company of its choice. The introduction of exchange electricity does not require any kind of changes to the property's electrical systems, but is a change related to the contract. If you want to ask more about exchange electricity or order the feature to be used in your property, contact our sales team .
Content of the exchange electricity service in eParking
Electricity : Billed to the user according to the price of electricity on the market.
Fixed price : The customer can define a fixed price according to consumption (for example, an estimated average transfer price). The customer must define this price himself, and it should be evaluated based on, for example, the transfer price of his own electricity grid company.
Commission : The customer can define a percentage commission that is added to the price of exchange electricity. The final price therefore consists of the exchange electricity price and the specified commission.
Example: The consumed energy is billed according to the price of electricity on the exchange, the fixed price is estimated to be 8 cents/kWh and the commission is 10% in addition to the price of electricity according to the exchange electricity.
Conditions for introducing exchange electricity in eParking
The use of exchange electricity in the eParking service requires a few things:
Newer eTolppa technology devices : charging devices in the property must be newer eTolppa technology devices . These devices support exchange electricity, and the customer's billing goes correctly. If you are not sure whether the devices in your property are newer eTolppa technology, you can check with our sellers .
The electricity contract for the property or the charging station must be based on stock exchange electricity.
What is exchange electricity?
Exchange electricity is an electricity contract where the price of electricity is determined according to the market prices that change hourly on the electricity exchange. Unlike traditional fixed-price contracts, the price of exchange electricity is not predetermined, but varies according to supply and demand.
In order for the property to be able to use stock exchange electricity, it must enter into a stock exchange electricity contract with the electricity company of its choice. The introduction of exchange electricity does not require changes to the property's electrical systems, but is a contract-related change.
The price of electricity is typically at its lowest at night and on weekends, when electricity consumption is lower. During peak consumption times, such as weekday mornings and evenings, the price may increase. The price of electricity on the exchange is also affected by many other factors, such as weather conditions and fuel prices.
Why should you choose invoicing according to stock exchange electricity?
Switching to exchange electricity can be a smart choice for many electric car drivers and other consumers who want to save on their electricity bill and influence their own electricity consumption.
There are many reasons for choosing stock exchange electricity!
The average price of exchange electricity is often lower than the price of fixed-price contracts. By scheduling charging and other electricity use for more favorable hours, the consumer can save significantly on the electricity bill.
Exchange electricity encourages you to monitor electricity price fluctuations and adjust your consumption accordingly. This can help reduce electricity consumption and reduce the carbon footprint.
Exchange electricity pricing is transparent, as the consumer can see in real time how much electricity costs. This can help make more informed decisions about electricity use.
Exchange electricity is particularly suitable for consumers whose electricity consumption is flexible, i.e. the consumer can shift part of his consumption to more affordable hours.
