Understanding the Impact of Excise on Energy Costs: A Comprehensive Guide

2024-01-24 19:36:00

Let’s say you consume 1,000 kWh over two months (generally equivalent to one billed period). Until now, you paid 1 euro excluding VAT, or 1.20 euros with 20% VAT which applies subsequently. From February 1, this same consumption will cost you, for excise alone, 22.54 euros excluding VAT, or 27.05 euros once VAT is applied. For the same consumption, your excise will cost you 25.85 euros more, an impressive increase of 2,154% on this line.

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