Indexation parameters for the contracts signed before 25 November 2016 (yearly consumption less than 1 GWh)
These contracts use the indexation parameter PPBq [50% x Endex_BE (15d, 1.3-14d, 0.3) + 50% x Endex_BE606] in the price formulas.
The PPBq (average wholesale market prices for electricity in Belgium) reflects the evolution of the quarter and the semester of forward electricity prices on the Belgian wholesale market for a baseload supply. This allows you to enjoy price evolutions on the electricity market, while limiting large fluctuations in the monthly electricity price.
The definitions of the components of PPBq [50% x Endex_BE (15d, 1.3-14d, 0.3) + 50% x Endex_BE606] are as follows:
Endex_BE (15d, 1.3 - 14d, 0.3) is applied in the quarter Q and expressed in EUR/MWh.
Endex_BE (15d, 1.3 - 14d, 0.3) is equal to the arithmetic mean of the end of day quotations for a baseload electricity supply on the Belgian market for quarter Q quoted during the period starting on the 15th calendar day of the month M-2 up to and including the 14th calendar day of the month M-1, where the month M is the first month of the relevant quarter.