KotiCharge revolutionizes EV charging in Finland with smart spot-price invoicing, helping consumers save money through real-time electricity market pricing.
What is Spot Pricing in EV Charging?
Spot-Pricing plays a crucial role in the electricity costs of EV users. It refers to the real-time hourly market price of electricity, determined by supply and demand in the electricity exchange. In Finland, this exchange takes place on Nord Pool, the leading power market in the Nordic region.
Since much of the electricity in Nordic countries comes from renewable sources, prices fluctuate based on weather conditions. This makes electricity prices more volatile but also creates opportunities for EV owners to save money. By taking advantage of spot pricing, EV users can charge their vehicles when electricity demand is low and prices drop, significantly reducing their charging costs.
Smart Savings with Spot-Price Contract
With KotiCharge, electricity costs are based on real-time spot-prices from Nord Pool, ensuring that users only pay the current market rate plus a small service fee. Since energy prices fluctuate throughout the day, users can strategically charge their vehicles when rates are lowest, often during nighttime or off-peak hours, leading to potential savings of up to 30%.
KotiCharge’s smart system enhances this flexibility by providing real-time pricing updates, automated invoicing, and consumption tracking. Users can monitor price fluctuations, schedule charging sessions during the cheapest hours, and receive transparent, hassle-free billing—all through an easy-to-use platform.
Fair and Transparent Payment for Housing Communities
For apartment complexes and housing associations, KotiCharge simplifies EV charging by ensuring that each resident is billed directly for their electricity consumption. This eliminates disputes over shared costs and removes the administrative burden from property managers. The system supports all charging stations that comply with OCPP 1.6J or higher, making it a flexible solution for various properties.
Seamless Charging for Company Car Users
Company car drivers no longer need to track and submit charging expenses manually. With KotiCharge’s automated invoicing, all charging costs are processed directly, simplifying reimbursements for both employees and employers. KotiCharge’s automatic invoicing has made charging many housing companies effortless, eliminating the need for manual financial reporting every month.
Automatic Billing for a Hassle-Free Experience
KotiCharge offers automated billing for individuals, housing associations, and businesses. Each month, users receive a detailed report on their electricity consumption, ensuring complete transparency while reducing administrative workload. The seamless invoicing process makes managing EV charging expenses stress-free.
Reliable Customer Support
KotiCharge is committed to excellent customer service, offering dedicated support to help users set up their accounts, troubleshoot issues, and make the most of their charging experience. Our team is always ready to assist, ensuring a smooth and convenient charging process.
Spot Pricing and the Finnish EV Charging Market
Spot pricing is becoming increasingly popular in Finland as more drivers seek cost-efficient charging solutions. KotiCharge played a key role in a pilot project at Aalto University’s Otaniemi campus, demonstrating how real-time electricity pricing can make EV charging more affordable.
Other Finnish energy providers, such as Herrfors, also promote spot-pricing-based electricity contracts, allowing consumers to monitor daily price fluctuations and optimize their energy use accordingly. Herrfors offers tools for tracking real-time electricity prices, helping customers reduce their energy costs.
Additionally, research from Synergi shows that EV owners with spot-pricing contracts are more conscious of electricity prices, with 73% checking prices regularly before charging.
KotiCharge’s spot-price invoicing offers a smarter, more cost-effective way to charge EVs in Finland. By leveraging real-time electricity pricing, automated billing, and a user-friendly approach, KotiCharge helps consumers take control of their charging costs while promoting sustainable energy use.
Contact KotiCharge Today!
For more information, visit KotiCharge’s official website and discover how our smart EV charging solutions can benefit you.
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Contact: info@koticharge.com
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