Indexation parameters for contracts with an indexed natural gas price
Our contracts with indexed natural gas prices 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 TTF103). In your contract you can consult the price formula that applies to you.
TTF103: The price for natural gas of your Contract is quarterly indexed. The indexation parameter is based on the arithmetic mean of the daily prices of natural gas "European Spot Gas Markets" ("ESGM") under the heading "TTF Price Assessment", as published by ICIS-Heren Energy Ltd. on its website during the month preceding the trimester of delivery (hereafter TTF 103). The parameter TTF 103 is expressed in EUR/MWh.
The value of TTF103 for the 3rd quarter of 2019 is 11,4531 EUR/MWh.