Advance payments are based on both expected consumption and an estimated market price, this is accurately calculated in an intelligent automated way based on many factors such as historical data, weather, forecasting models etc.
The monthly advances are only a prepayment. On the statement, they are offset against actual consumption. The total advance amounts are visible as 'advances' on the annual statement. Please note that there are two options how the advances can be paid, in this FAQ we explain the two options.
- With a fixed monthly advance, the final statement is decisive because this is where the difference between estimated and actual consumption is settled.
- The final market price may be different from estimated rates:
An example with notional amounts:
- Electricity: advance rate €0.12/kWh → final rate €0.08/kWh (-50%)
- Gas: advance rate €0.33/m³ → final rate €0.35/m³ (+6%) - This difference will eventually be calculated on your annual bill.
Note: The rates are therefore indicative and depend on your actual consumption and the market prices applicable at the time.
- The final market price may be different from estimated rates:
- With a dynamic monthly advance the final bill is often clear, because the actual monthly consumption has already been settled. However, we always check whether everything is correct and you will receive a final statement. In this FAQ we explain how the annual settlement works.