Energy expert from vzbv calls for more transparency in dynamic tariffs and protection against exorbitant price increases.

Energy expert from vzbv calls for more transparency in dynamic tariffs and protection against exorbitant price increases.

According to a report by www.zfk.de, Dynamic tariffs enable private households to save costs by adapting their behavior. However, many consumers feel that they are inadequately informed about these tariffs, complains the vzbv. "Therefore, greater transparency should be created about the advantages and disadvantages of these tariffs. In order to reduce the cost risks for private households, tariffs should also be offered that include protection against exorbitant price increases," says Thomas Engelke, energy expert at vzbv.

Dynamic tariffs offer households the opportunity to reduce their energy costs by adapting their energy behavior to price fluctuations. However, many consumers are not clear about how these tariffs work and what risks are associated with them. This lack of transparency can lead to uncertainty and prevent consumers from benefiting from the potential cost savings.

To counteract this problem, the vzbv suggests creating greater transparency about the advantages and disadvantages of dynamic tariffs and offering tariffs that include protection against exorbitant price increases. These measures could help increase consumer confidence in dynamic tariffs and provide them with greater security when using them.

Overall, more transparent and secure dynamic tariffs could help more households benefit from the potential cost savings while making their energy consumption more efficient. Through better information policies and the introduction of appropriate hedging mechanisms, energy providers and consumers could benefit equally from dynamic tariffs.