Compare Energy Prices and Secure a Fixed Rate for Winter: Monenergie.be

2023-07-08 07:09:13

Monenergie.beFatih Birol, director of the International Energy Agency (IEA), does not rule out a further rise in prices on the stock markets for natural gas next winter. Those who prefer not to be exposed to the vagaries of the energy market, can obtain a fixed rate from 4 energy suppliers currently. Monenergie.be checked what overall cost is tied to a certain price today and where the differences between the rates are.

Price decreases/increases

In recent weeks, price declines in the energy markets have finally stopped following several months. Although energy trader Matthias Detremmerie (among others) indicates that such fluctuations are not unusual, many experts are looking forward to winter with some fear.

Fatih Birol, the director of the International Energy Agency (IEA), says gas prices will rise once more in case the Chinese economy recovers further and we have a harsh winter.

Energy prices are on the rise once more: Should I choose a fixed rate?

Variable versus fixe

If you have a variable tariff today, your energy tariffs will follow the evolutions on the energy stock markets. In recent months, you have been able to directly benefit from price reductions, but you will therefore be immediately exposed to further price increases.

The great advantage of a fixed rate: you will be certain of the price you will have to pay for a whole year. On the other hand, the entry price is higher than with a variable price. For electricity, the best variable tariff (calculated via the comparison site Monenergie.be) currently costs you approximately 1,277.59 euros on an annual basis. The best fixed price is 1,497.91 euros. To be certain, you must therefore pay an additional cost of more than 200 euros.

However, the fixed prices also differ from each other, as you can see in the table below.

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Additional reductions

The difference between the least advantageous tariff and the most advantageous tariff amounts to 85.42 euros. In addition, other criteria apply.

Luminus and Mega will give you a discount at the end of your contract year. The annual price also includes a fixed fee, which you must pay for the entire contract year in general. This approach allows energy suppliers to prevent you from changing players during the term of your new contract.

If you want maximum freedom of movement, it is better to opt for a fare with a low fixed charge and compare the advantage linked to the reduction with the consequences linked to a new transfer.

A welcome discount for gas and electricity? Don’t be fooled by the fine print!

other factors

The 4 contracts include 100% green energy as well as telephone, online, mail and e-mail support.

Those who consider the level of service important, can also compare the number of complaints per 5,000 customers. At this level, Engie and Luminus obtain significantly better scores than Mega, for example. This was demonstrated by the Service Check of the Flemish Energy Regulator VREG.

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Read more on Monenergie.be:

Are energy suppliers really granting their best prices now that the social tariff will disappear?

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How to heat your swimming pool in an (energy) efficient way?

This article is brought to you by our partner Monenergie.be.
Monenergie.be is an independent comparator of electricity and gas prices.

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