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Increase in Helen’s price of exchange electricity contracts

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Apr 25, 2024

Helen, an energy company, has announced that they will be increasing the price of their exchange electricity contracts due to rising balance electricity costs and operational expenses. The new prices, effective from June 1st, will see the basic fee for exchange electricity contracts go up by 0.97 euros per month, with the margin also increasing by 0.1 c/kWh. This will bring the margin from 0.38 c/kWh to 0.48 c/kWh. These prices include value-added tax.

The company has attributed the margin increase to the rise in balance electricity costs, while the increase in the basic fee is explained by inflation and salary expenses. Helen has estimated that these changes will result in an approximate increase of 1.14 euros per month for residents of a typical apartment building, and around 2.47 euros per month for residents of a single-family house with electric heating.

According to Helen, the calculations provided take into account the changes in the basic fee and margin without factoring in the impact of electricity exchange prices. The company is justifying these price increases based on the need to cover rising operational costs and balance electricity expenses.

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