With our Virtual Power Plant NeoGrid, you not only reduce your charging costs, but also earn money.
EV charging has evolved from simple charging to smart charging. Now we are reaching the next evolutionary stage! With our Virtual Power Plant NeoGrid, you can not only save money, but also earn money while charging.
Charging an electric car with a normal fixed electricity tariff
Charge at the most favourable times and save up to 33%.*
Earn extra money by charging your electric car.
Time-variable grid fees reduce your costs even more.
Our Virtual Power Plant NeoGrid connects decentralised devices (electric cars, batteries, heat pumps, etc.) to form a power plant. By optimising the purchase and sale of electricity, the virtual power plant provides the electricity grid with flexibility and thus generates additional revenue - which we distribute to everyone involved. By distributing the proceeds to you, you can earn up to 300 € per year by using NeoGrid.
Unlike a Smart Charging algorithm which optimizes based on day-ahead prices, NeoGrid leverages short-term price fluctuations on the continuous intraday electricity market, to create the most favourable charging plan for you.
Why can you earn money with NeoGrid? By taking advantage of these price variations and continuously optimizing charging schedules through AI, NeoGrid not only supports grid stability but also maximizes earnings for our customers. Compared to smart charging, you don’t just save money – you also earn money!
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With NeoGrid Charging, you save even more compared to Smart Charging
Algorithm to charge your EV in the cheapest hours based on Day-Ahead Energy Prices
Algorithm for optimising your charging behaviour based on the day-ahead and intraday price.
Supporting the grid by providing it with flexibility, when its needed.
Reduce your charging costs and earn money by supporting the power grid.
To participate in our Virtual Power Plant NeoGrid, you must fulfill the following requirements.
With our electricity tariffs, you benefit from 100% green electricity at cost price - monthly cancellable & completely digital.
A smart meter records your energy consumption by the hour and transmits it to us. For you, this means: never read the meter again! NeoGrid can currently also be used without a smart meter.
Currently, only connected EVs of the brands Volkswagen, BMW, Mercedes, Skoda and Tesla are able to join our Virtual Power Plant. But we will continuously add new brands.
With a dynamic tariff, your electricity consumption is billed at the current hourly price. This allows you to reduce your electricity costs by shifting your consumption to the times when electricity is cheapest. Learn more about how you can save with a dynamic tariff.
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If not already done, Log into the Ostrom App with just a few clicks, connect your vehicle, and access all the smart features our app offers.
Navigate to your EV section of the app. This is where you can monitor your charging sessions and adjust all relevant charging settings.
By enabling NeoGrid, you optimize your EVs charging for the best time windows. Select your home location and set your desired target charge level.
Your setup is complete! NeoGrid ensures your EV isn’t just charged but you’re also helping the environment AND you earn money while doing so.
Customers can earn up to 300 € per connected device over the course of a year by participating in NeoGrid. In the future, household with a storage system, an electric car, and a heat pump can generate up to 1000 € annually. And with the planned integration of bidirectional charging – with legal permission – profit could rise even further.
Benefit from hourly fluctuating electricity prices and shift your consumption to particularly cheap times to reduce your electricity costs.
Connect your smart thermostat or heat pump to the Ostrom App and easily schedule or adjust your temperature. Easily save energy when prices are lower.
Track how much energy your solar inverter has generated and easily optimize your consumption around it with the Ostrom App.
We take pride in providing excellent customer service. But don’t just take our word for it: Hear it from customers who’ve already made the move to Ostrom.
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