With the NextEnergy price ceiling, you benefit from low dynamic gas prices while being protected against major price increases. You pay the current market price for gas, but never more than your agreed price ceiling for the average gas commodity price per month.
How does the price ceiling work?
With a dynamic gas contract, the gas price changes daily. With the price ceiling, we agree on a maximum average gas commodity price with you.
- Is the average gas price in a month below your price ceiling? Then you benefit from the lower dynamic market price.
- Is the average gas price above your price ceiling? Then we compensate you for the difference.
- We calculate the compensation monthly, but apply it to your next annual statement.
This way, you benefit from price decreases without the average gas commodity price being able to increase without limit.
Please note: the price ceiling applies only to the gas commodity exchange price. Procurement costs, energy tax, VAT, and grid operator charges are not covered by the price ceiling. Your total gas price, including these costs, may therefore be higher than your agreed ceiling.
Why do I see a higher gas price in the app than my price ceiling?
In the NextEnergy app, you can see the current gas prices and your daily energy costs. These may be higher than your agreed price ceiling.
This is because the price ceiling is calculated monthly, not daily.
At the end of each month, we look at the average gas commodity price you paid for your consumption.
Does this average exceed your price ceiling? Then we calculate the difference. The compensation is then applied to your next annual statement.
The daily costs you see in the app therefore do not yet include any potential compensation. As a result, you cannot immediately tell from the daily prices how much you will ultimately pay thanks to your price ceiling.
How is my compensation calculated?
An example:
- Your agreed price ceiling: € 0.85 per m³
- Average gas commodity price in a month: € 0.92 per m³
- Gas consumption in that month: 200 m³
The average gas price is € 0.07 per m³ above your ceiling.
200 m³ × € 0.07 = € 14.00 compensation.
This € 14.00 will be included in the adjustment on your next annual statement.
If the average gas price falls below € 0.85 per m³ in a subsequent month, you simply pay the lower market price and no compensation is needed for that month.
The amounts shown are examples. You can find your personal price ceiling in your contract confirmation.
When will I receive the compensation?
The compensation is not applied directly to your daily costs or monthly installment amounts.
We calculate each month whether you are entitled to compensation. Any compensation is accumulated and applied to your next annual statement.
As a result, you may temporarily see higher energy costs in the app while still receiving an adjustment on your annual statement.
Is the price ceiling the same as a fixed-term contract?
No. With a fixed energy contract, your supply rate remains fixed for the agreed period.
With a dynamic contract with a price ceiling, gas prices continue to change daily. You benefit from lower market prices but are protected when the average gas commodity price in a month exceeds your agreed ceiling.
Please note: despite the dynamic rates, your contract with a price ceiling may still have a fixed term.
Can I cancel my contract with a price ceiling every month?
That depends on your agreement. A fixed contract period may apply to a contract with a price ceiling.
If you terminate the contract before this period has ended, an early termination fee may apply.
You can find the term, your agreed price ceiling, and the applicable terms and conditions in the contract confirmation you received by email when you signed up.
Where can I find more information?
- Your price ceiling and contract term: in your contract confirmation sent by email.
- Current gas prices and daily costs: in the NextEnergy app.
- The final compensation: on your next annual statement.
You can find your invoices in the NextEnergy app under Finances.
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