What is the electricity price composed of?

The price you find on your bill consists of several components. Energy suppliers have a nasty habit of making those as opaque and difficult as possible. We try to do that as transparently as possible. As a supplier, we cannot control everything: we can only freely determine the fixed fee and the energy price. Grid charges, taxes and levies are determined by the relevant government/regulator and passed on by us directly.

These are the different components of an energy bill:

1. A fixed, annual fee.

This is a small administrative fee to follow up your file.

2. Energy cost.

This is the price for supplying energy to our customers. With us it consists of three parts: a price for the solar energy that comes from the solar panels on your roof (this price is fixed for thirty years and exempt from all additional costs and taxes, except for VAT), a price for the first 1,000 kWh you take from the grid (this price is fixed for ten years) and a variable price for the remaining energy you take from the grid. For the energy you take from the grid, the remaining costs and taxes must also be paid.

3. Remaining costs and taxes

• Charges for green electricity and CHP certificates. These are quotas imposed by the regulator to promote investment in green energy generation in Flanders.
• Distribution and transmission costs. These are costs for the use of ELIA and the local distribution grid, for the energy you take from the grid. These costs (meter costs, use of distribution network, etc.) are passed on in full to the beneficiary authority.
• Taxes and charges. These are imposed by the government and are passed on in full to them.
• VAT. This too is imposed by the government and is passed on to them in full.