Grid provider - Europe
SolarAssistant can source European Power Exchange (EPEX) spot data from the internet. If you enable it, the current electricity price per kWh in Euro cents is displayed on the dashboard as shown below.
|A green electricity price indicates the price is currently lower than the daily average.|
|A red electricity price indicates the price is currently higher than the daily average.|
|A black electricity price indicates the price is currently close to the daily average.|
When navigating into the grid icon, the "Price premium" and "Day ahead prices" is displayed as shown below. The Price premium is the difference between the price and the daily average price.
Select "Advanced" on the "Configuration" page.
Set your grid provider to "Europe - EPEX Spot".
The Provider name you set will be shown when a user navigates into the grid detail from the main dashboard. It's for display purposes only and doesn't have any other purpose.
The purpose of the Price multiplier is to get the price closer to the price you are paying your grid provider. A price multiplier of 1.0 is the wholesale electricity price which is most likely much lower than what you are paying. In order to determine the correct value for you, we suggest adjusting and revisiting this setting multiple times as you become familiar with the functionality.
Where does the data come from?
The data is sourced from a public API that provides the EPEX Spot ® power exchange data. SolarAssistant will query the API every hour for the latest data. The query is made to the public API directly and does not pass through SolarAssistant servers. The data is provided "as is" without any guarantee that it's correct.