Energy prices in the Netherlands
Are you an English-speaking resident in the Netherlands looking to understand energy prices? You’re not alone! For the growing number of English speakers in the country, it’s essential to have a clear understanding of the Dutch energy market. In this comprehensive guide, we’ll cover what you need to know about energy prices in the Netherlands, how to choose the best energy contract, and tips for saving money on your energy bills.
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The current energy prices are €0.40 per kWh for electricity and €1.38 per cubic meter (m3) for gas.
These are the average energy prices based on the rates for new variable energy contracts from the 19 largest energy suppliers.
Overview energy prices
|Supplier||Single Rate||Daytime Rate||Nighttime Rate||Gas Price||Feed-in Tariff|
|Budget energie||€ 0,400||€ 0,417||€ 0,392||€ 1,409||€ 0,051|
|Coolblue energie||€ 0,393||€ 0,396||€ 0,389||€ 1,362||€ 0,070|
|Delta energie||€ 0,377||€ 0,382||€ 0,371||€ 1,291||€ 0,090|
|Eneco||€ 0,394||€ 0,443||€ 0,389||€ 1,500||€ 0,090|
|Energiedirect.nl||€ 0,369||€ 0,370||€ 0,368||€ 1,299||€ 0,050|
|Engie||€ 0,403||€ 0,440||€ 0,376||€ 1,433||€ 0,080|
|Essent||€ 0,390||€ 0,392||€ 0,389||€ 1,327||€ 0,055|
|Gewoon energie||€ 0,383||€ 0,399||€ 0,375||€ 1,379||€ 0,085|
|Greenchoice||€ 0,377||€ 0,384||€ 0,371||€ 1,293||€ 0,080|
|Innova energie||€ 0,383||€ 0,399||€ 0,375||€ 1,379||€ 0,085|
|Mega energie||€ 0,439||€ 0,457||€ 0,427||€ 1,494||€ 0,050|
|OM | Nieuwe energie||€ 0,390||€ 0,400||€ 0,380||€ 1,367||€ 0,095|
|Oxxio||€ 0,394||€ 0,443||€ 0,389||€ 1,500||€ 0,090|
|Powerpeers||€ 0,457||€ NNB||€ NNB||€ 1,357||€ 0,050|
|Pure energie||€ 0,382||€ 0,400||€ 0,359||€ 1,346||€ 0,050|
|Vandebron||€ 0,402||€ 0,431||€ 0,376||€ 1,451||€ 0,100|
|Vattenfall||€ 0,342||€ 0,366||€ 0,317||€ 1,297||€ 0,076|
|Vrijopnaam||€ 0,544||€ 0,551||€ 0,514||€ 1,462||€ 0,050|
|United Consumers||€ 0,399||€ 0,455||€ 0,342||€ 1,250||€ 0,080|
Explanation of the Rates
The rates consist of the supply rate including 21% VAT and the energy tax for 2023. These are the variable rates based on a new model contract. The rates for November were obtained on November 1, 2023. However, suppliers can change the rates of new contracts at any time. It is therefore a snapshot, and the rates may change after this date.
Fixed, variable, and dynamic energy prices
Energy contracts in The Netherlands distinguish between three different types of energy prices: fixed, variable, and dynamic energy prices.
Fixed energy prices
With a fixed energy contract, the prices for electricity and/or gas remain fixed for a set period. This period can be for six months, one year, three years, or five years. With this type of contract, you have price stability for an extended period for electricity and/or gas. If prices suddenly decrease, you won’t benefit from it, but if prices rise, your bill won’t go up.
Variable energy prices
With a variable energy contract, prices change on a monthly or semi-annual basis. The frequency of price changes per year is specified in your energy contract. You always pay a fixed monthly rate, so you know in advance what you need to pay to your energy supplier each month. With this energy contract, you can switch whenever you want, and there’s no risk of a termination penalty when changing your energy provider.
Dynamic energy prices
Dynamic energy prices are tied to the spot market (also known as the “day ahead market”). This means that electricity prices vary hourly, and gas prices vary daily. You will know the prices for the next day around 3:00 PM each day. You do not pay a fixed monthly rate; the rate changes every month based on your consumption and the energy prices that month. With this contract, you immediately benefit from a lower rate when prices drop, but you also face a higher rate when prices rise.
Compare energy prices in the Netherlands
“All energy suppliers in the Netherlands have a license from the market regulator, the Authority for Consumers & Markets (ACM). Because there are dozens of suppliers active in the energy market, it can sometimes be challenging to make a choice. You can’t compare the quality of electricity, but you can compare the price, sustainability, and service of the supplier. To make your choice easier, you will find a large number of suppliers in our comparison tool, allowing you to compare contracts quickly and easily.”
How is the energy price structured?
When we talk about energy prices, we refer to the cost of electricity (per kWh) and the gas price (per cubic meter). The energy price consists of the following three components:
- Supply Costs
- Network Costs
Below, we’ll explain each component separately.
1. Supply Costs
These are the expenses you pay for electricity and gas. Supply costs consist of two parts:
1. Consumption costs, which you pay for the amount of gas and electricity you use. Your energy supplier determines the rate for this energy usage.
2. Fixed supply costs refer to the fixed fees you pay for the connection to the water supply or the electricity grid. You pay these costs regardless of your energy consumption. Energy providers have the discretion to set the level of fixed supply costs. Some suppliers may have low fixed fees and compensate with slightly higher energy prices or vice versa.
Network costs consist of four components:
1. Annual connection fees are paid to maintain and upkeep your connection.
2. Fixed transport fee covers the costs of transporting your energy. This is a fixed rate independent of your consumption.
3. Capacity-dependent transport rate is a fixed yearly amount for energy transport costs. Network operators use this money for the construction and maintenance of energy grids.
4. Meter rental: you pay meter rental (also known as meter rate) for the use, installation, and maintenance of the meter. Electric and gas meters are owned by the network operator.
There are three components of taxes on energy:
1. Energy Tax: The government aims to encourage energy efficiency, which is why it imposes energy tax on energy consumption. You pay this tax on every kWh (electricity) or m3 (gas) you consume.
2. Energy Tax Reduction: The government considers a portion of the energy you consume as a basic necessity. Therefore, you do not have to pay energy tax on that portion. A tax reduction applies per electricity connection.
3. VAT: stands for Value Added Tax. You pay 21 percent VAT on nearly everything you purchase or consume, including energy. You are charged VAT on the entire energy bill, including energy tax. Your energy supplier remits the VAT you pay to the tax authorities.
Comparing energy prices in the Netherlands
By comparing energy prices in the Netherlands, using energy-efficient appliances, and considering renewable energy sources, you can save money on your energy bills and contribute to a more sustainable future.
With our comparison tool, you can easily and quickly compare the offerings of energy suppliers. Simply provide your address and consumption data, and within a few minutes, you’ll see which energy suppliers have the best deals for you.
Frequently ask questions
Who is the cheapest energysupplier in the Netherlands?
The cheapest energy supplier can vary depending on factors such as your location and energy consumption. Use our comparison tool to compare current rates and find the most affordable option for you.
What is a normal monthly energy payment?
Several factors determine the amount of your monthly payment when determining it. One of these factors is the current energy tariff rate. However, the energy tariff rate changes every day. Another factor is your own energy consumption, which varies from household to household. These two factors make it impossible to say what a normal monthly payment is.
What you can look at, however, is your energy consumption. There is an estimated average consumption per household. Comparing this to your own consumption will give you an idea of whether your consumption is in line with the average. Additionally, by regularly comparing rates, you can keep track of all the tariffs. This way, you can determine whether your energy tariff is higher, lower, or the same as the current energy tariff rates and see if you can save on your energy bill.
What is the most reliable energy supplier?
The reliability of an energy supplier can change. Look at customer reviews and the reputation of the supplier to find the most reliable option.
What is advisable: fixing for 1 or 3 years?
Whether you should fix your energy contract for 1 or 3 years depends on your personal preference and situation. Short-term contracts offer flexibility, while long-term contracts can provide stability at fixed rates. Consider what suits you best.
Is our switching service free?
Yes, through Overstappen.nl, switching to a new energy supplier is free. We handle your switch to a new energy supplier at no cost. With us, you can easily and quickly compare energy rates from all suppliers in the Netherlands. How do we make money then? For every energy contract that is signed through us, we receive a small fee from the new supplier. The amount of the fee does not affect the comparison process.
I don't know my annual energy consumption. What can I do?
That’s not a problem! You can still compare gas and electricity without knowing your exact consumption. We can make a good estimate based on your address and the size of your household. However, it is advisable to always make the comparison with your most recent annual consumption to get the most realistic cost estimate. You can find your energy consumption on your annual statement, in your online account, or by calling your current energy supplier.
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