Flemish energy regulator Vreg reported on Wednesday the costs and revenues that electricity and natural gas distribution system operators derive from their tariffs. Network operators must budget their costs and revenues annually. A year later, the invoice is issued. Is there a surplus or a shortage? In the event of a surplus, the network operators grant a discount on the tariffs to customers, and in the event of a shortage, the tariff will increase.
This takes into account, among other things, the costs of purchasing all kinds of support certificates, network management, inflation and taxes.
It turns out that the distribution operators of the electricity network show a deficit of 1% on their budget of 2.2 billion euros for 2020, that is to say a shortfall of 22 million euros. The year before, they still had a surplus.
Will families and SMEs feel this in Bill 2022? âDon’t panic,â says de Frigg. After all, the shortfall breaks down into two-year rates. In addition, there were surpluses in 2019, which more than made up for the deficit in 2020. De Vreg has already factored in the balances in the new tariff structure that will come into effect in the middle of next year. “Distribution tariffs are determined by many factors, which are more decisive than the scales,” said a spokesperson for the regulator.
Good news for the reports with the distribution managers of the natural gas network. There is a 4.5% surplus in their budget of 500 million euros, compared to 22.5 million euros.