Introducing Dynamic Electricity Prices
Homey Energy now supports Dynamic Electricity Prices. Take advantage of live pricing data and automate your usage around it. Whether you’re running the dishwasher, charging your EV, or heating your home, you’ll know exactly when electricity is most affordable—and when it’s best to hold off.
Get your true electricity price in Homey
Homey Energy’s Dynamic Electricity Prices feature combines your region’s live electricity rates with your own tariff details. You can include fixed surcharges and tax percentages, or create a custom calculation to see your true cost per kilowatt-hour (kWh). Then, put this real-time rate to work in your Flows, helping you respond smartly to changing prices.
Automate for the best times
By reacting to live prices instead of fixed schedules, your home can use energy more efficiently. With all-new Flow cards, you can shift appliances to off-peak hours and avoid price spikes. For example, set a Flow to charge your EV during the cheapest hours of the day, or turn off your air conditioning during the most expensive ones.
Track prices with widgets
You can also check live electricity prices through iOS and Android widgets, or right on your Homey Dashboard—giving you a quick, at-a-glance view of your costs throughout the day.
Compatibility
Dynamic Electricity Prices in Homey Energy is available for Homey Pro (Early 2023), Homey Pro mini, and Homey Cloud. If you have Homey Pro, it’s included at no extra cost. Just make sure you’re running Homey Pro v12.6.0 or later and the Homey app v9.5.0 or later. If you use Homey Cloud, you’ll need a Premium subscription.
This new Homey Energy feature is supported in Belgium, Denmark, Finland, Germany, the Netherlands, Norway, and Sweden. While you can use it with any electricity plan, it’s most valuable if your energy contract includes dynamic pricing.
FAQ
What are dynamic electricity prices and why do they matter?
Answer: Dynamic electricity prices are rates that change throughout the day based on real-time market conditions, supply, and demand. They reflect when electricity is cheaper — for example, during high solar or wind production — and when it’s more expensive, such as during evening peaks.
They matter because they help you save money by shifting energy use to low-cost hours. They also encourage smarter, more sustainable consumption aligned with renewable energy availability.
What is tariff or rate calculation and why is it used?
Answer: Tariff or rate calculation combines live energy prices with your contract details — like taxes, surcharges, and fixed costs — to show the true cost per kilowatt-hour (kWh). This gives a transparent view of what you actually pay at any given moment.
It’s used so you can make informed decisions about when to use high-consumption devices, such as heating systems, washing machines, or EV chargers, based on real price signals.
What is shifting usage or automation and why is it helpful?
Answer: Shifting usage or automation means scheduling devices to operate when electricity is cheapest — for example, charging your car at night or running your dishwasher when solar production peaks.
It’s helpful because it saves money, balances grid demand, and reduces carbon emissions by matching consumption with renewable energy supply. Smart home systems can automate this for you, ensuring maximum efficiency without manual effort.
What can you automate with dynamic electricity prices and why does it matter?
Answer: With dynamic electricity prices, you can automate high-energy appliances such as EV chargers, heat pumps, boilers, and washing machines to run when electricity is cheapest or cleanest. Your smart home system uses live price data to trigger these automations automatically.
This matters because it transforms your home into an intelligent energy manager — lowering bills, reducing grid strain, and making the most of renewable energy without requiring constant manual adjustments.
