Frequently Asked Questions
How is the electricity price defined?
The price of electricity is made of four components:
- the energy cost
- the transport cost
- the distribution cost
- the legal taxes and contributions
- Energy cost
The electricity supplier defines the cost of energy. This cost includes the purchase of electricity on the wholesale market and the administrative costs (invoicing, customer service, …). The energy cost can be fixed or variable, depending on the product that you selected from Eneco.
- Transport cost
The transport cost is a compensation for the transport of electricity over the high-tension grid. That cost is approved by the federal government institution CREG (Commission for the Regulation of Electricity and Natural Gas) and is the same for all energy suppliers.
- Distribution cost
The distribution cost (distribution grid tariff) is the compensation for the distribution grid operator for the carriage of electricity over its network to you as a consumer. All energy suppliers must transfer this amount to the distribution grid operators. This cost is also approved by the CREG and is the same for all energy suppliers.
- Legal taxes and contributions
The federal and regional governments impose specific taxes and contributions to all consumers and suppliers of energy. The revenues are used to finance matters of common cause. The energy suppliers have been entrusted by the government with the collection of those taxes and contributions.
Did this answer your question? If not, we'd love to hear your feedback to improve our FAQ. Thanks!