Dynamic pricing lets you sell electricity at the actual market price as it changes throughout the day. The price is set at the moment the driver starts a charge. Dynamic pricing is built on top of Spot price and can be applied to public, member, sponsored, and cost price groups.
Step 1 โ Select spot pricing
- In the sidebar, go to Accounts, select the relevant account, then open the Price Groups tab.
- Create a new or edit an existing price group.
- Select the Spot price tab and give the group a name.
- Specify a fallback price โ Monta uses this if spot price data is unavailable.
- Select whether to add VAT (value-added tax) on top of the price.
- Review the price group calculation.
The Spot market tab on the Dynamic tariffs page shows live day-ahead reference prices โ informational only, it does not affect driver pricing. The Spot price option in a price group is what makes the group follow those market prices for charging.
Step 2 โ Advanced spot price settings (optional)
Toggle on to access advanced settings that let you customise the dynamic price based on your electricity contract.
- Percentage of price which is variable โ if your electricity price combines a fixed component and a spot component, specify what percentage is spot price and add the fixed amount in the next field.
- Min and max kWh โ set the lowest and highest price per kWh the driver should pay. If the spot price falls outside these limits, Monta uses the rates you enter here.
Step 3 โ Additional pricing per kWh (optional)
Add any additional charges from your electricity bill here. The amount can be set per kWh or as a percentage. Review the final price calculation on the right to see how the total is affected.
Additional fees and tariffs
You can add further fees on top of the dynamic price:
- Browse or create tariffs on the Dynamic tariffs page (Pricing & Growth โ Dynamic tariffs), then add one to this price group as an hourly tariff.
- Add or create a custom hourly tariff to set time-based rates.
- Add additional charging fees that apply at different points during the charge.
