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aria-label="Breadcrumbs"><ul class="breadcrumbs"><li class="breadcrumbs__item"><a aria-label="Home page" class="breadcrumbs__link" href="/hass.tibber_prices/user/"><svg viewBox="0 0 24 24" class="breadcrumbHomeIcon_YNFT"><path d="M10 19v-5h4v5c0 .55.45 1 1 1h3c.55 0 1-.45 1-1v-7h1.7c.46 0 .68-.57.33-.87L12.67 3.6c-.38-.34-.96-.34-1.34 0l-8.36 7.53c-.34.3-.13.87.33.87H5v7c0 .55.45 1 1 1h3c.55 0 1-.45 1-1z" fill="currentColor"></path></svg></a></li><li class="breadcrumbs__item"><span class="breadcrumbs__link">📖 Core Concepts</span></li><li class="breadcrumbs__item breadcrumbs__item--active"><span class="breadcrumbs__link">Core Concepts</span></li></ul></nav><span class="theme-doc-version-badge badge badge--secondary">Version: Next 🚧</span><div class="tocCollapsible_ETCw theme-doc-toc-mobile tocMobile_ITEo"><button type="button" class="clean-btn tocCollapsibleButton_TO0P">On this page</button></div><div class="theme-doc-markdown markdown"><header><h1>Core Concepts</h1></header>
<p>Understanding the fundamental concepts behind the Tibber Prices integration.</p>
<h2 class="anchor anchorTargetStickyNavbar_Vzrq" id="price-intervals">Price Intervals<a href="#price-intervals" class="hash-link" aria-label="Direct link to Price Intervals" title="Direct link to Price Intervals" translate="no"></a></h2>
<p>The integration works with <strong>quarter-hourly intervals</strong> (15 minutes):</p>
<ul>
<li class="">Each interval has a start time (e.g., 14:00, 14:15, 14:30, 14:45)</li>
<li class="">Prices are fixed for the entire interval</li>
<li class="">Synchronized with Tibber&#x27;s smart meter readings</li>
</ul>
<h2 class="anchor anchorTargetStickyNavbar_Vzrq" id="price-ratings">Price Ratings<a href="#price-ratings" class="hash-link" aria-label="Direct link to Price Ratings" title="Direct link to Price Ratings" translate="no"></a></h2>
<p>Prices are automatically classified into <strong>rating levels</strong>:</p>
<ul>
<li class=""><strong>VERY_CHEAP</strong> - Exceptionally low prices (great for energy-intensive tasks)</li>
<li class=""><strong>CHEAP</strong> - Below average prices (good for flexible loads)</li>
<li class=""><strong>NORMAL</strong> - Around average prices (regular consumption)</li>
<li class=""><strong>EXPENSIVE</strong> - Above average prices (reduce consumption if possible)</li>
<li class=""><strong>VERY_EXPENSIVE</strong> - Exceptionally high prices (avoid heavy loads)</li>
</ul>
<p>Rating is based on <strong>statistical analysis</strong> comparing current price to:</p>
<ul>
<li class="">Daily average</li>
<li class="">Trailing 24-hour average</li>
<li class="">User-configured thresholds</li>
</ul>
<h2 class="anchor anchorTargetStickyNavbar_Vzrq" id="price-periods">Price Periods<a href="#price-periods" class="hash-link" aria-label="Direct link to Price Periods" title="Direct link to Price Periods" translate="no"></a></h2>
<p><strong>Best Price Periods</strong> and <strong>Peak Price Periods</strong> are automatically detected time windows:</p>
<ul>
<li class=""><strong>Best Price Period</strong> - Consecutive intervals with favorable prices (for scheduling energy-heavy tasks)</li>
<li class=""><strong>Peak Price Period</strong> - Time windows with highest prices (to avoid or shift consumption)</li>
</ul>
<p>Periods can:</p>
<ul>
<li class="">Span multiple hours</li>
<li class="">Cross midnight boundaries</li>
<li class="">Adapt based on your configuration (flex, min_distance, rating levels)</li>
</ul>
<p>See <a class="" href="/hass.tibber_prices/user/period-calculation">Period Calculation</a> for detailed configuration.</p>
<h2 class="anchor anchorTargetStickyNavbar_Vzrq" id="statistical-analysis">Statistical Analysis<a href="#statistical-analysis" class="hash-link" aria-label="Direct link to Statistical Analysis" title="Direct link to Statistical Analysis" translate="no"></a></h2>
<p>The integration enriches every interval with context:</p>
<ul>
<li class=""><strong>Trailing 24h Average</strong> - Average price over the last 24 hours</li>
<li class=""><strong>Leading 24h Average</strong> - Average price over the next 24 hours</li>
<li class=""><strong>Price Difference</strong> - How much current price deviates from average (in %)</li>
<li class=""><strong>Volatility</strong> - Price stability indicator (LOW, MEDIUM, HIGH)</li>
</ul>
<p>This helps you understand if current prices are exceptional or typical.</p>
<h2 class="anchor anchorTargetStickyNavbar_Vzrq" id="multi-home-support">Multi-Home Support<a href="#multi-home-support" class="hash-link" aria-label="Direct link to Multi-Home Support" title="Direct link to Multi-Home Support" translate="no"></a></h2>
<p>You can add multiple Tibber homes to track prices for:</p>
<ul>
<li class="">Different locations</li>
<li class="">Different electricity contracts</li>
<li class="">Comparison between regions</li>
</ul>
<p>Each home gets its own set of sensors with unique entity IDs.</p>
<hr>
<p>💡 <strong>Next Steps:</strong></p>
<ul>
<li class=""><a class="" href="/hass.tibber_prices/user/glossary">Glossary</a> - Detailed term definitions</li>
<li class=""><a class="" href="/hass.tibber_prices/user/sensors">Sensors</a> - How to use sensor data</li>
<li class=""><a class="" href="/hass.tibber_prices/user/automation-examples">Automation Examples</a> - Practical use cases</li>
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