Prinsjesdag 2024: how will it affect your energy bill?

19 September 2024

On Tuesday 17 September 2024, the finance minister handed over the Budget Memorandum and National Budget to the House of Representatives. We have listed the main points, related to the energy market, for you.

Salerisation scheme ends

If the bill is passed in November, the net-metering scheme will be abolished from 1 January 2027. There will be a ‘reasonable compensation’ for returned electricity, which will be supervised by the Authority Consumer Market (ACM). This compensation must not be negative and additional costs for solar panel owners must be assessed by the ACM. The ACM recommends further clarification of the bill.

Power feed-in will yield less than net-metering, making direct use of self-generated energy more important.

Energy tax drops

Earlier this year, your tax on gas rose from €0.59 to €0.7054 per cubic metre, but under current plans, energy tax on gas will fall by 0.8% by 2025, to €0.6996 per cubic metre of gas.

The energy tax on electricity is also falling. It goes from €0.13 per kWh to €0.1228 per kWh, down 6.7%.

These plans still need to be approved by the Lower and Upper Houses. This usually happens in the second week of December. As a result, these amounts may still change. If approved, they usually apply from 1 January of the following year.

Energy tax rebate (tax credit)

The energy tax reduction will increase by €3.80 in 2025, totalling €635.19 including VAT. The government considers part of energy consumption as a basic need, for which no tax is payable. This reduction in energy tax is intended to offset the cost of this basic consumption.

Did you know that many companies pay unnecessarily too much energy tax. We are happy to help you recover these charges. Read more about this service here. Want to know immediately what we can do for your organisation? If so, please feel free to contact us!

Energy fund 2025 and 2026

In 2025 and 2026, 60 million euros will be made available annually for an energy fund to support households unable to pay their energy bills. Energy suppliers and other private parties will also contribute to this fund.

Other energy and climate points discussed

  • Offshore wind power and gas extraction in the North Sea
  • More nuclear power and scaling up gas production
  • Green hydrogen and batteries
  • Green gas blending obligation
  • Abolishing the net-metering scheme
  • Reduction in carbon tax for industry
  • Resolving grid congestion

More information on these points can be found on Audax’s website.

Conclusion

The energy world remains complex, and energy transition is proving to be a difficult challenge in practice. Many organisations lack the expertise to realise their energy wishes while meeting legal obligations. We are ready to work with you to see how we can make this possible for your organisation, while reducing energy costs at the same time!