Adapting to Power-Based Electricity Charges: How KotiCharge Helps You Save

 

With electricity costs constantly evolving, Finnish households and housing associations are now facing a significant shift: power-based electricity transmission charges. According to a recent Yle report, up to 700,000 customers may be affected by these new pricing structures, making it more important than ever to manage energy consumption efficiently.

Understanding Power-Based Charges

Traditional electricity bills are based primarily on energy consumption over time. However, power-based pricing means that the highest peak power demand during a billing period influences the cost. This can result in unexpected expenses, especially for homes and apartment buildings where multiple high-energy appliances, such as electric vehicle (EV) chargers, heating systems, and kitchen appliances, are used simultaneously.

Power-based charges are designed to encourage more balanced electricity consumption and reduce strain on the grid during peak hours. These charges measure the highest power demand (in kilowatts, kW) recorded during a billing cycle, rather than the total electricity used (in kilowatt-hours, kWh). This means that even a short period of high energy usage can result in increased electricity costs for the entire billing period. Managing peak consumption is crucial to minimizing these costs.

Who Will Be Affected?

The new electricity transmission efficiency fee could impact as many as 700,000 customers across Finland. Households and businesses in major cities such as Helsinki, Espoo, Vantaa, Tampere, Turku, Oulu, Jyväskylä, and Lahti are among those likely to experience these changes. Customers in these regions should check with their local electricity provider to understand how the new pricing structure may influence their electricity bills and take proactive steps to manage their power usage.

The Role of EV Charging in Power Demand

As electric vehicles become increasingly popular, home and apartment charging solutions are in high demand. However, without proper power management, simultaneous EV charging can significantly increase peak demand, leading to higher transmission costs. This is where intelligent charging solutions like KotiCharge become essential.

EV charging represents one of the most significant contributors to peak power demand, especially during evening hours when many users plug in their vehicles after work. If multiple EVs are charged at the same time without regulation, the demand on the power grid spikes, leading to increased costs under the new power-based pricing model. Additionally, fast-charging stations draw a substantial amount of energy in a short period, further amplifying peak loads.

For housing associations and shared residential spaces, unmanaged EV charging can create disparities in energy consumption, where some residents may unknowingly contribute to excessive peak loads, raising costs for the entire community. Therefore, having a strategic approach to EV charging is necessary to distribute power usage efficiently and avoid unnecessary expenses.

How KotiCharge Helps Reduce Power Costs

KotiCharge provides smart energy management solutions that optimize electricity usage and help customers adapt to power-based pricing structures. Here’s how:

Smart Load Management – KotiCharge ensures that EV charging is spread out over time, preventing high spikes in energy demand. This means your car charges efficiently without triggering excessive transmission costs.

Peak Shaving – By automatically adjusting charging schedules, KotiCharge helps reduce peak demand, ensuring lower electricity bills even under power-based pricing. KotiCharge helps to distribute power payment cost fairly between residents, make sure each user will only pay for the peak hour they are involved

Customizable Charging Settings – Users can set preferences based on electricity rates, ensuring that charging happens during off-peak hours when energy is more affordable.

Optimized for Housing Associations – KotiCharge enables apartment buildings to distribute energy usage fairly, preventing unnecessary cost increases for residents. 

For Helen customers, we give user warning when charging in power payment effective hours, or prevent it totally, make sure no power payment cost for users.

Automatic Scheduling which schedules charging overnight automatically, avoid power payment cost.

With Finland moving toward more sustainable energy solutions, adapting to new electricity pricing models is essential. KotiCharge offers an easy, smart, and efficient way to manage energy use, making it possible to charge EVs affordably while avoiding unnecessary power-based transmission costs.

If you’re looking for a reliable way to optimize your electricity consumption and save on energy costs, KotiCharge is here to provide you the best charging service.

Thank you for your reading

Contact: info@koticharge.com