The Commission for the Regulation of Electricity and Gas (CREG) has confirmed the news agency Belga, what the Minister of Budget and Institutional Reforms, Johan Vande Lanotte said a few days ago through Belga’s news agency. This was announced on Monday in the newspaper Het Laatste Nieuws, the amount of the energy bill for 2013 would fall.
Lower energy bills is due to several factors. “This decrease is due to the freezing of energy prices, but also to other factors, such as the decoupling of price indexation of gas and electricity in oil prices, or the suppression of “severance”, “says the CREG. If indexation of electricity is removed since 1st January 2013 for the gas it will be in 2015. In the meantime, indexation will decrease (50% of the index in 2013 and 30% in 2014).
More specifically, the price of the energy component – consisting only of gas and electricity – will fall. “For a home that has a power of 3,500 kWh per year, we note a decrease of 100 euros. Regarding gas, for a consumption of 23,260 kWh per year, there will be a reduction of 286 euros.” These figures are averages and may vary depending on the consumption of each.
“Before this decline, we were the second most expensive among neighboring countries (Germany, France, Netherlands, United Kingdom). Today, Belgium is the second cheapest country,” said the CREG.