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How do i set tariffs and energy costs?
How do i set tariffs and energy costs?

Set tariffs correctly to automatically calculate your consumption costs

Updated over a week ago

Each graph shows the costs of that graph in the top right corner. This cost overview is calculated as accurately as possible, but may not represent the actual total costs on your yearly energy bill. The calculation is to be used as an indication of your costs. Entering the correct tariffs will improve the accuracy of the cost overview in the app.

Where can I find the tariff settings?


You can find the settings screen for tariffs in the Energy app under settings (gear icon) > tariffs. Here you will find an overview with the following menu's:

  • Starting month

  • Electricity

  • Gas

  • Water (only visible when a Watermeter is installed)

Starting month


If your energy contract does not start on Januari, you can change this here. Press the name of the month in the top right corner and select the starting month of your energy contract. By changing the starting month, the year graph will start on the starting month of your energy contract.

Electricity


Here you can enter your tariffs for electricity. Press the + add tariff to enter a tariff for electricity. You will then enter the screen with settings for this tariff.

  • Supplier: Here you can enter the name of your energy supplier.

  • Starting date: Set the starting date of this tariff.

  • Electricity: You can choose between a dynamic and fixed value. If you have a dynamic energy contract, enter the Dynamic option, and for a fixed contract, enter Fixed.

Dynamic

When clicking the dynamic option, the hourly kWh tariff will be fetched automatically. You will need to enter the other costs per kWh, click here for more information.

In the field below you can enter your VAT rate for the dynamic tariff.

When all the settings for the dynamic tariff have been set correctly, press save in the top right corner to save your tariff. This tariff will now be visible in the tariff overview page, and your electricity costs will be calculated based on this tariff.

Fixed

When clicking the fixed option, 2 fields will be shown that need to be entered, namely standard rate and off-peak rate. You can find these values on your energy bill or contract. Make sure the enter the total costs per kWh for the most accurate representation of your costs.

Gas


Here you can enter your tariffs for gas. Press the + add tariff to enter a tariff for gas. You will then enter the screen with settings for this tariff.

  • Supplier: Here you can enter the name of your energy supplier.

  • Starting date: Set the starting date of this tariff.

  • Gas: You can choose between a dynamic and fixed value. If you have a dynamic energy contract, enter the Dynamic option, and for a fixed contract, enter Fixed.

Dynamic

When clicking the dynamic option, the hourly m3 tariff will be fetched automatically. You will need to enter the other costs per m3, click here for more information.

In the field below you can enter your VAT rate for the dynamic tariff.

When all the settings for the dynamic tariff have been set correctly, press save in the top right corner to save your tariff. This tariff will now be visible in the tariff overview page, and your gas costs will be calculated based on this tariff.

Fixed

When clicking the fixed option, the option to enter a tariff rate will be shown. Here you can enter the costs per m3 that are indicated on your energy bill or contract. Make sure the enter the total costs per m3 for the most accurate representation of your costs.

Water


Here you can enter your tariffs for water. Press the + add tariff to enter a tariff for gas. You will then enter the screen with settings for this tariff.

  • Supplier: Here you can enter the name of your water supplier.

  • Starting date: Set the starting date of this tariff.

  • Tariff rate: Here you can enter the costs per m3 that are indicated on your energy bill or contract. Make sure the enter the total costs per m3 for the most accurate representation of your costs.

Other costs for dynamic pricing


What are other costs?

Your energy supplier must pay these costs on top of the basic market price for purchasing and selling. These include imbalance costs, national transport, access to market prices and CO2 compensations. This is a fixed amount per kWh or M3 of 2 cents on average that is slightly different for each supplier.

How is a dynamic price structured?

The dynamic costs consist of a total of the current basic hourly rate + other costs + taxes. As an example: if the basic hourly rate is €0.33 and you have an additional cost of €0.05 per kWh and 21% VAT, that is (0.33 + 0.05) *1.21 = 0.46 for a kWh of electricity.

How do I know the other costs?

You can calculate the other costs yourself that you can enter in the Energy app, you need:

  • The kWh sales price of this hour including taxes from your energy supplier's app.

  • The VAT percentage you pay on electricity

  • The basic kWh price of this hour (you can find this in the Energy app when entering rates)

We recommend calculating with at least 3 decimal places to avoid rounding differences.

Suppose you have a sales price of €0.134 (from the supplier app), a VAT of 21% and a basic kWh hourly price of €0.090, that is (0.134 ÷ 1.21) - 0.090 = 0.0207 of other costs.

Important notes


  • Base costs of your utilities (such as additional taxes, service costs or discounts) are not included.

  • The app does not support alternate tariffs based on certain conditions (such as when you deliver more to the grid than you use on a yearly basis)

Frequently asked questions


Where can I find my tariffs?

You find your tariffs on your energy bill or in your energy contract.

Can I change the starting date of my contract?

Yes, you can change the starting date of your contract under settings > tariffs > starting month.

Can I enter tariffs from previous contracts?

Yes, you can enter multiple tariffs with different time frames. The app will calculate costs based on the all the entered tariffs with their respective time frame.

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