By Head of Product Pedro Teixeira
A fundamental requirement for monetizing EV charging is the ability to set the right price. But “the right price” is rarely a single, unchanging number – it necessarily varies and fluctuates depending on who is paying, when, where, for how much and how long. We’ve long understood this complexity, and have sought to reflect it with matching flexibility in our platform.
Within Daloop, a “Tariff” is made of one or more pricing rules – and you can add as many of them as needed. Each pricing rule is composed of four attributes:
- the schedule
- the activation fee
- the price per kWh charged
- the € per min of charging
Dynamic Tariffs
Perhaps for ease of management, you decide to set one pricing rule for all days, regardless of the hour. However, you most likely want to stay profitable and competitive by optimizing pricing for peak energy costs, or indeed incentivizing charging during low-utilization periods.
For example: let’s say you notice only 5% usage between the hours of 7pm and 8am – you could have a lower activation fee and lower € per min price to spread demand and increase overall revenue.
Tariffs by asset type
Daloop allows you to set tariffs for different sets of connectors in charging points.
For instance, fast chargers typically fully charge an EV over an average of 20 minutes, so you can set a higher € per minute pricing rule for just these connectors.
Likewise, for slower charging, say overnight, you can have an entirely different price to account for this.
Tariffs by service offer
The service tariff is a differentiating feature where you can incorporate extra components that may affect the final price like local and regional taxes or incentive schemes.
It’s also a sought-after feature by e-mobility service providers (EMSPs) who may not own the underlying assets, which may or may not have their own tariff set by Charge Point Owners/Operators (CPOs).
Daloop can enable both, conjointly or separately as required – the CPOs being able to set how much they want to earn from their assets, and EMSPs being able to set how much they want to earn from their users. At the end of the day, end users don’t have to worry about this complexity – when enabled, there’s only one price for them to consider.
What’s next for Daloop tariffs in 2023?
As shown above, operators can define different prices per kWh for peak or off-peak periods. However, as we’ve seen energy prices fluctuate rapidly and frequently – often daily – around the world, there’s now a pressing need to protect margin regardless of energy price.
We are currently testing a beta feature with our current customers where you will be able to set pricing rules with fixed percentage margins pegged to live energy costs, ensuring consistent profit in an effortless manner.
Want to know more? Get in touch with our team today.