Our contracts with an indexed electricity price are calculated on the basis of the indexation parameters as shown below. For customers with an annual consumption of less than 50 MWh for electricity and less than 100 MWh for natural gas, these indexation parameters meet the criteria set by the government. In this case, the price will be indexed quarterly in accordance with the legislation (see Endex 303). In your contract you can consult the price formula that applies to you.
Endex 303: The electricity price stipulated in your contract is quarterly indexed. The indexation parameter is based on the arithmetic average of the daily ICE Endex prices under the heading "Belgian Power Base Load Futures", as published by ICE Endex on its website during the quarter preceding the quarter of delivery (hereafter Endex 303). The Endex 303 parameter is expressed in EUR/MWh.
Endex 101: The electricity price stipulated in your contract is indexed monthly. The indexation parameter is based on the arithmetic average of the daily ICE Endex prices under the heading "Belgian Power Base Load Futures", as published by ICE Endex on its website during the month preceding the month of delivery (hereafter Endex 101). The Endex 101 parameter is expressed in EUR/MWh.
eSpot: The electricity price stipulated in your contract is indexed monthly. The indexation parameter is based on the arithmetic average of the "settlement" prices on the Day-Ahead Market, as published by Epex spot on its website for all days of the relevant month (hereafter eSpot). The eSpot parameter is expressed in EUR/MWh.
