Spotmarket Prices Across Europe How Loxone Intelligently Switches According Dynamic Prices

Introduction:
Combining the StromFee diary with a smart home automation system like Loxone offers several advantages in the usage of dynamic electricity prices.
What are Dynamic Electricity Prices?
Dynamic electricity prices vary based on supply and demand. Unlike traditional electricity tariffs with a fixed price per kilowatt-hour, dynamic electricity prices change hourly or even every fifteen minutes. These prices are set by energy supply companies based on current market conditions.
Benefits of Using Dynamic Electricity Prices:
Savings on Electricity Costs: Consumers can save costs by adjusting their electricity usage to times with lower prices.
Promotion of Energy Efficiency: Dynamic electricity prices encourage consumers to use energy more consciously and optimize their consumption.
Support for the Energy Transition: Dynamic prices promote the use of renewable energies as they are often lower when a lot of renewable electricity is generated.
Better Utilization of the Electricity Grid: Shifting electricity consumption to times of lower demand contributes to better grid utilization and can prevent bottlenecks.
Advantages of Intelligent Switching According to Electricity Prices:
Automatic Adjustment of Energy Consumption: Loxone home automation allows for the automatic adjustment of energy consumption based on current electricity prices.
Benefiting from Cheaper Tariffs: Consumers can take advantage of cheaper tariffs, especially those with larger energy consumption.
Optimization of Energy Costs: Automatic adjustment of energy consumption to electricity prices can significantly reduce energy costs.
Sustainability and Promotion of Renewable Energies: Intelligent switching encourages the use of renewable energy, maximizing consumption during high renewable energy availability.
How Loxone Intelligent Switching Works:
Loxone software is an intelligent system accessing real-time electricity price data and considering the individual energy consumption of the household. It decides when devices should be turned on or off to optimize energy usage.
Key Aspects of Loxone Software:
Real-Time Electricity Price Data: Access to real-time data allows the Loxone software to optimize energy consumption and save costs.
Individual Energy Consumption: The software tailors device control based on the household's energy usage.
Energy Consumption Optimization: Decisions on when to switch devices on or off are based on electricity price data and individual consumption.
Manual Adjustment of Switching: Users can manually adjust intelligent switching to accommodate individual preferences.
User-Friendly Interface: Loxone software offers a user-friendly interface for monitoring and controlling energy consumption.
Loxone software utilizes real-time electricity price data and individual energy consumption to decide when to switch devices on or off. Intelligent switching can be manually adjusted, offering a user-friendly interface for energy consumption monitoring and control.
By using Loxone's intelligent switching based on dynamic electricity prices, consumers can not only reduce their energy costs but also contribute to the energy transition and increased energy efficiency.