April 25, 2024

Taylor Daily Press

Complete News World

Elijah pulls the net’s volatile fee

Elijah pulls the net’s volatile fee

Elia’s network charges will no longer increase from next year when electricity is scarce. The high-voltage grid operator is putting its controversial price-volatility scheme on hold.

This message is found on Wednesday evening.

Many comments were received during the market survey from both industry and distribution system operators who bring electricity to homes and small businesses. Therefore, Ilya decided to postpone the introduction of dynamic network tariffs, the level of which varies from hour to hour, for the time being. De Tijd learned that in the coming years, Elia’s network fee would simply consist of an annual amount and a fixed tariff per megawatt-hour consumed.

For clarity, this relates to the use of a high voltage network. For basic distribution network use, there is a new variable charge based on peak consumption, the so-called capacity rate. This procedure will continue.

Investments raise network rates

High voltage grid usage fees for both households and businesses are passed through the electricity bill and will rise sharply in the coming years due to the wave of investment. Elia must submit its final tariff proposal to energy watchdog CREG for the 2024-2027 period by May 10.

In the first draft proposal, Elia expects network tariffs to increase by about 80% in the period 2024-2027. According to De Tijd, if CREG gives the go-ahead, it means Elia network tariffs for an average family will rise by just under 40 euros per year.