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These graphs show how spectacularly our energy bill is rising & More Latest News Here


Anyone who has to conclude a new energy contract on the commercial market in September should squeeze his arm. The estimated annual price for electricity rises to 3,256.63 euros, for natural gas it is 5,954.07 euros. Together good for an estimated annual bill of 9,210 euros for an average family, or more than 760 euros per month.

This is shown on Thursday from figures published by the Flemish energy regulator Vreg. For the sake of clarity, these are averages for those who have to conclude a contract on the commercial market in September. This concerns the estimated annual price from September 2022 to August 2023, for those who consume 3,500 kWh of electricity (day and night rate) and 17,000 kWh of natural gas. For example, those with a social rate pay much less.

Check here the electricity prices for a small apartment, an average house and a large house with electric heating:

These are new record prices. The estimated annual price in September is considerably higher than in August. For electricity this is an annual difference of 1,100 euros, for natural gas an additional cost of more than 2,160 euros. The reason is of course the sharp rise in the price of natural gas on the European market, which has risen to new historical record prices. Gas prices have fallen somewhat in recent weeks, but have since risen significantly again. The new figures from the Vreg do not take into account possible measures that the various governments are planning to reduce the energy bill.

View here the gas prices for a couple that uses gas for cooking and hot water and for an average home that is heated with gas:

Electricity for free Friday

Electricity will also be free for large customers on Friday. That’s because it will be very windy in the coming days. The price for the supply of electricity the next day – the so-called day-ahead market – is on average 245 euros per megawatt hour on Thursday. That is a lot compared to previous years, but already a lot less than the 400 to 500 euros that have been constantly in the tables in recent weeks.

The reason: it will be quite windy in the next few days and there will also be some sun, so that there is a lot of availability of renewable energy. These are the lowest prices since mid-July. What’s more: for the supply of electricity tomorrow/Friday between 13:00 and 14:00, the price drops to 0 euros for a megawatt hour. Only those who have a direct contract per hour on the Epex power exchange will purchase free electricity for that hour. This mainly concerns large companies.

These graphs show how spectacularly our energy bill is rising
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These graphs show how spectacularly our energy bill is rising
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These graphs show how spectacularly our energy bill is rising
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The Article Is In Dutch🡽

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