How are CREG tariffs established?
CREG electricity and natural gas tariffs are established through a complex procedure that takes several factors into account:
1. International market prices: The basis for CREG tariffs is the price of energy on the international markets. CREG uses the average monthly price of the past few months to determine the tariffs.
2. Transmission costs: The cost of transporting energy from the producer to the consumer is also charged. These costs vary depending on the location of the consumer and the energy supplier.
3. Distribution costs: The cost of distributing energy through the grid is also charged. These costs vary depending on the grid operator.
4. Taxes and levies: CREG tariffs also include various taxes and levies, such as excise taxes on energy and VAT.
5. Other costs: CREG tariffs may also include other costs, such as the cost of processing meter readings.
CREG calculates electricity and natural gas tariffs based on the following formula:
Tariff = (Market price + Transmission costs + Distribution costs + Taxes and levies + Other costs) / 1.05
The factor 1.05 is a margin that energy suppliers are allowed to use to cover their costs and make a profit.
The CREG tariffs are revised every month and can therefore increase or decrease depending on the evolution of the various factors included in the calculation.
In addition to the CREG tariffs, energy suppliers can also offer other tariffs. These tariffs may be fixed or variable and may include additional benefits such as green energy or discounts.
It is important to compare different tariffs before choosing an energy supplier.
Some tips for saving on your energy bill:
Compare different rates.
Choose an energy supplier that offers green energy.
Reduce your energy consumption.
Invest in energy-saving measures.
By following these tips, you can significantly reduce your energy bill.