Electricity prices continue to rise in 2017

    Posted on 01/02/2017

    There is no way around it: the complete transition to renewable energy is about to become a reality. And it comes with a hefty price tag. For the average family, the price of electricity will increase 5 percent compared to last year. SMEs are even facing an increase of over 6 percent. Where are these new prices coming from, and what numbers are we talking about? Also: what can consumers and SMEs do to reduce their electricity bill? Fifthplay tells you everything you need to know.

    100% renewable energy by 2050

    The goal is an ambitious one, but by 2050 Belgium should no longer be dependent on fossil fuels or nuclear energy. Belgium’s nuclear plants will close by 2025. The government, private companies and consumers are currently investing heavily in renewable energy, but solar and wind power are not providing us with enough electricity just yet.


    Why electricity prices are increasing

    The nuclear power phase-out means that more electricity – and therefore more natural gas to generate electricity – must be imported in the next few years. To give you some facts and figures: 

    • Between 2017 and 2030, the energy transition will cost us an additional 4.38 billion euros; doubling the annual cost of energy production.
    • In 2017, the average household will pay 5 percent, or 50 euros, more for their annual electricity consumption. Their annual electricity bill will, in other words, amount to an average of 1022.29 euros.
    • SMEs (low voltage) with an average power consumption of 50,000 kWh will pay over 6 percent more for electricity.
    These figures are based on the new distribution tariffs, and were calculated by Flemish energy regulator VREG.


    Consumers and SMEs are paying (the extra) price

    Remarkably enough, large enterprises on MV are paying less for electricity, while consumers and SMEs are charged with the additional costs the energy transition brings along. The solution to pay less is self-evident: cutting down on energy usage.


    Saving on energy with fifthplay energy management system

    Getting the entire company to consume significantly less energy? That's easier said than done, most SMEs assume. Sure, they ask their employees not to leave the lights on needlessly, to turn off computers in the evening instead of leaving them in sleep mode, and so on. But who’s to tell whether their efforts to save energy are really paying off?

    And yet, SMEs have more control over their energy consumption than they think. By investing in an energy management system such as fifthplay energy management system, they can easily track and optimize their energy use in an efficient manner.


    Energy consumption in a handy overview

    Fifthplay energy management system is an advanced energy management system that provides companies with a handy overview of their gas, water and electricity consumption.

    • How much energy is the building using at night?
    • Are there days of the week when significantly more water is consumed?
    • How much power do the solar panels produce exactly?


    Using fifthplay energy management system, companies can answer of all these questions, and more, at a glance. And that’s not all. Fifthplay energy management system also suggests ways in which companies can save (even more) energy.


    Saving energy by measuring and understanding

    Fifthplay energy management system not only offers companies an overview of their energy use, but also analyzes it. The energy management system identifies problem areas and suggests intelligent solutions, so that building your strategy to save energy becomes easy-breezy. Fifthplay energy management system also keeps you posted on the ROI of your efforts, so you can optimize your strategy accordingly.

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