What is the Fuel Price Re-adjustment included in electricity tariffs?
The purpose of the automatic fuel price re-adjustment is to allow the EAC to collect the actual fuel cost from consumers, since the fuel cost is an unpredictable cost and so there needs to be an automatic re-adjustment mechanism that allows the actual fuel cost to be recovered. Fuel costs are divided into the basic fuel cost (€ 300 / MT) included in the basic tariffs, and in the automatic fuel price re-adjustment, which covers the fuel cost which is greater or less than the basic fuel cost, eg. for a current fuel cost of € 320 / MT, € 300 / MT are recovered from the basic pricing, while the remaining € 20 / MT. Recovered from the fuel price re-adjustment.
Therefore, the fuel price re-adjustment applied to the consumption of each EAC customer (kWh) includes only the fuel cost which is greater than € 300 / MT.
The fuel price re-adjustment is applied to the consumption of each EAC customer (per kWh of consumption) and is calculated as follows:
Fuel price re-adjustment = Fuel clause * (Current fuel price - € 300)
Fuel clause = Fuel Consumption (in kg) / Predicted EAC generation units (kWh) /1000 = X € c / kWh / € 1c / M.T.
The fuel clause is today
for consumers connected to the low voltage of 0,00025557€c/kWh/€1c/M.T.
for consumers connected to the average voltage of 0,00024971 €c/kWh/€1c/M.T.
for consumers connected to high voltage 0,00023911 €c/kWh/€1c/M.T.
The current fuel price re-adjustment for a consumer connected to the low voltage was calculated at €0,023074/kWh, with the corresponding prices for consumers connected to the average and high voltage.
As a result for a low voltage consumer, the associated tariff will be increased by €0,023074 per kilowatt-hour consumed.
Last updated: July 2018