Dynamic Pricing
Monta’s DynamicPricing feature allows operators to set their kWh price based on the hour-by-hour price that they’re paying for electricity, and not on a static number.
What is dynamic pricing?
Monta’s spot pricing feature allows operators to set their kWh price based on the hour-by-hour price that they’re paying for electricity, and not on a static number.
Price of a charge = spot-price rate + premium (fixed) AND/OR premium (percentage)
Why is dynamic pricing important?
Using spot pricing makes the transaction between provider and customer transparent and fair. In today’s market, it’s not a benefit, it’s a necessity.
Monta’s dynamic pricing solution
The old-school fixed price per kWh setup works best with predictable and stable prices, making it an unhelpful model at a time when fairness and transparency are king. We need a flexible solution during this unprecedented high volatility environment.
Charge point operators
They’ll never undercharge when prices are high or overcharge when prices drop.
EV drivers
With a price directly tied to electricity prices, no matter the fluctuations, users know they’re paying a fair and transparent market price.
Employers sponsoring charge points
They can accurately reimburse their employees a fair amount based on electricity prices, and avoid any accounting issues.
Housing associations
Say goodbye to incurrent losses, and give a fair charging experience to all your residents and their guests.