An ever-growing number of EV drivers is great news for charge point operators, but only if they know how best to adjust pricing in a way that benefits both their customers and their bottom line at the same time.
In this article, we’ll cover the different tariff types in Spirii Connect that allows you to monetize your charging network more effectively and reach the maximum revenue.
In the Spirii universe, the word "tariff" is used to mean the price-per-kWh of charging energy. Spirii Connect features adjustable pricing tools that gives you full control over the "tariff," or price, you set for your chargers, enabling you to manage your own revenue stream.
In Spirii Connect you can define the price, currency, unit and conditions for charging on the charge point.
Fixed vs. Dynamic tariff types
There are two types of tariffs that you can use in Spirii Connect for your charging locations - "fixed" or "dynamic".
A fixed tariff is pretty straightforward - you choose a fixed kWh price to your charge points.
On another hand, the dynamic tariff feature allows you to avoid losses by setting up percentage-based markups on the ever-fluctuating cost of electricity, using rates taken directly from NordPool.
That’s not just a nice-to-have; it’s crucial for maximizing your profitability. Our data shows that revenue can be as much as 3% higher for locations using Dynamic Pricing compared to those with fixed tariffs.
No matter which type of a tariff you choose, once live - it will be displayed to all users of the Spirii Go app.
Spirii Connect also allows you to make your charge points available and set the right price to the users that use other apps in the market. To do so, Spirii Connect includes a feature called Roaming Tariff.
One of the key advantages of this feature is that in Spirii Connect the changes take effect from midnight of the next day, so you don’t have to wait for a longer time until the new roaming tariffs are applied.