While the government has just reached an agreement on energy tariffs in Belgium, the Electricity and Gas Regulatory Commission (Creg) reveals that the prices of electricity and natural gas have increased by an average of 40 to 60%, depending on the contract, over the past month.
Compared to December last year, energy prices increased in January by an average of 49% for variable electricity contracts and 42% for fixed contracts. For natural gas, the increase was 59% for variable contracts and 55% for fixed contracts.
“The very high price level compared to the average price levels of recent years is still widening”, summarizes the Creg, which notes in January 2022 “significant increases in all the electricity parameters with maximums of one just under 300 euros/MWh.”
“With regard to natural gas parameters, after the slight general decline in December 2021, a significant increase is again observed with maximums reaching just under 115 euros/MWh”, adds the regulator. Between December 2021 and January 2022, some 107,000 Belgian households, totaling just under 177,000 contracts, had to look for a new energy supplier following the cessation of supply activities by Vlaamse Energieleverancier in Flanders, Watz in the three regions and Octa+ in Brussels.