MijnenergieIn Belgium, about a thousand consumers have a dynamic energy contract, while in the Netherlands that number is already more than 450,000. However, experts are in complete agreement: a tariff that follows energy prices per hour is an important part of our energy future. Mijnenergie.be asked suppliers and experts about the current state of affairs.
By Kurt Deman, in collaboration with Mijnenergie 11-08-23, 11:15 Latest update: 11:22 Source: Mijnenergie.be
With a dynamic rate, the price you pay depends on the hourly prices on the energy exchanges. When there is a surplus of energy, for example during hours with low energy consumption or a lot of wind and sun, prices are low. The reverse also applies, of course. You will receive the hourly prices in the afternoon a day in advance, so that you can adjust your energy consumption the following day to the hours with the lowest prices.
Can you save with a dynamic rate? This is what the situation looked like in 2022.
Many causes
Smart apps such as FlexiO ensure that you automatically purchase energy when prices are lowest. Alexandra Verbrugge of FlexiO notes that there are major differences between the Dutch and Belgian markets. “In Belgium, only a limited number of energy suppliers offer the dynamic rate, although this now seems to be changing in the short term,” she explains. “In addition, electric driving has already made a stronger breakthrough among our northern neighbours. That while you can significantly reduce the charging costs at home via a dynamic rate.”
“In addition, there is a net metering arrangement in the Netherlands that differs from the regime of injection and consumption rate in our country. The price you receive for the power that you feed back into the grid is identical to the purchase price within that scheme. In Belgium, you pay levies and network tariffs when purchasing, while you do not receive them for injection.” Finally, the expert points out that many Belgians postpone or refuse the installation of the digital meter, while such a meter is necessary for the dynamic rate.
Read also: How does your energy supplier make your digital meter smart?
Niche product for specific target group
More than two years ago, Engie was the first energy supplier to launch a dynamic rate in our country. Spokeswoman Nele Scheerlinck reports that about a thousand customers have now opted for such a rate formula. “We are seeing slow growth. We are not surprised, since this is a niche product for a specific target group.”
Eneco notes limited interest in its dynamic tariff. “A previous pilot project showed that the advantage mainly lies with customers with large consumption installations, which they can also control smartly. Think of electric car, heat pump and home battery.”
Two ingredients needed
Octa+ introduced a dynamic rate in May. “Unfortunately, there is still little interest in this type of product. We currently only have about ten contracts since launch,” says commercial manager Jean-François Letraublon. “We notice that the energy transition is becoming increasingly complex and that customers are a bit lost. Most customers who opt for the dynamic rate are well-informed and know how the rate works.”
“We remain convinced that the dynamic tariff has its place in the energy transition, but for that we need two more important ingredients: a general acceptance of the product and information about it to the general public, in addition to further development of solar panels, charging points, batteries and heat pumps for private customers.”
Luminus announces that it will offer dynamic rates in the course of 2024. Although, according to spokesman Brecht Snoeck, there is little demand for it.
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2023-08-11 09:15:32
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