When you opt for an indexed gas contract, the price of energy on your bill is linked to a specific index that varies according to the volume of consumption and the date of signing the contract. Find below these indexing parameters.
Our contracts with indexed natural gas prices are calculated on the basis of the indexation parameters as shown below. For customers with an annual consumption of less than 50 MWh for electricity and less than 100 MWh for natural gas, these indexation parameters meet the criteria set by the government. In this case, the price will be indexed quarterly in accordance with the legislation (see TTF103). In your contract you can consult the price formula that applies to you.
TTF103: The price for natural gas of your Contract is quarterly indexed. The indexation parameter is based on the arithmetic mean of the daily prices of natural gas "European Spot Gas Markets" ("ESGM") under the heading "TTF Price Assessment", as published by ICIS-Heren Energy Ltd. on its website during the month preceding the trimester of delivery (hereafter TTF 103). The parameter TTF 103 is expressed in EUR/MWh.
TTF101: The price for natural gas of your Contract is indexed monthly. The indexation parameter is based on the arithmetic mean of the daily "settlement" prices ICE Endex under the heading "Dutch TTF Gas Base Load Futures", as published by ICE Endex on its website during the month preceding the month of delivery (hereafter TTF 101). The parameter TTF 101 is expressed in EUR/MWh.
TTFADA: An index based on the arithmetic average of all end-of-day settlement prices for natural gas delivery during each day of the month of supply (ICE Endex).
Consult the history of all the indexation parameters of our contracts in your Customer Area.