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What is CableDiscount™?
Benjamin Westh avatar
Written by Benjamin Westh
Updated over a year ago

BAO: Only applies if True Energy is partner with the energy company and the energy company offers Cable Discount. (Contact your energy company for an answer on this)


Partner list in Denmark:


NRGI
Goenergi
Bornholms Energi
GNP Energy Danmark
Ø-Strøm
Samstrøm
SEF


When you make your car available to the electricity grid, it triggers a payment, which we share with you. We have chosen to call it Cable Discount ™ and that payment goes directly to you as a consumer, and you will be able to see it as a discount on your electricity bill - if you have chosen one of our partners as an electricity company.

Make money while you sleep

Since frequency adjustment often takes place at night, between midnight and 04, where your car is still charging, you will not notice anything, but when you wake up in the morning, you will have earned a Cable Discount ™, which you will be able to look at your next electricity bill.

How is the Cable Discount bereg calculated?

The more you drive every day, the more Cable Discount ™ you can get. Cable discount ™ is calculated according to how long your car has participated in Big Battery periods.

Your car must thus be SmartCharge and be part of the Big Battery in order for you to earn a Cable Discount ™ - read more about the Big Battery here.

The payment that True Energy receives for delivering the Big Battery, we share with you and the other car owners who participate.

Here is an example of how much Cable Discount ™ you can get:

  • The car consumes 17kWh of power when driving every day, which corresponds to approx. 25,000 km per year.

  • The car is plugged in at 00-04

  • The car participates in the Big Battery at least every other night for 4 hours

  • True Energy receives payment for kWh in the balance sheet market corresponding to the average payment in the period September 2018 to February 2019.

In this example, you as a car owner will receive DKK 400 per. bil pr. year.

Note!

This is an example based on historical data. The payment of the future may develop differently. True Energy cannot guarantee that everyone will get this Cable Discount ™.

Payment of Cable Discount™

You can continuously see how much Kabelrabat ™ you have earned in our app.

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