Understanding your electricity bill
Many consumers find electricity bills complicated and difficult to understand. Here's a simple explanation of the most important items:
• Electricity price: The price you pay for the actual electricity • Grid rent: The cost of transporting electricity to your home • Taxes: Government taxes such as consumption tax and VAT • Fixed price vs. spot price: The difference between pre-agreed price and market price
By understanding these elements, you can more easily compare offers and choose the contract that suits you best.
Did you know?
Grid rent often accounts for around 30% of the total electricity bill, and this cost varies between different grid companies based on geographical area.