Analysis: soaring energy bills for nearly 100,000 Belgian households
From May 2021, many Belgians may get a bad surprise when they open their gas and/or electricity bills. Which households are affected and what is driving this sharp rise in energy prices?
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Energy contracts: look out for an unexpected increase in your bill
A year ago, we told you about a fall in gas and electricity prices that was so dramatic that our experts labelled it historic. Against this very favourable backdrop, nearly 100,000 households took the plunge and changed supplier so that they could enjoy unbeatable prices. However, one year on, our experts at Energyprice.be are sounding the alarm and highlighting an essential principle for avoiding nasty surprises: comparing your energy contract every year is the only way to find out where it sits in relation to the current market.
Antoine Dumont, manager at leading CREG-approved comparison site Energyprice.be, explains: “Many households took advantage of the price falls last year, and the vast majority opted for one-year contracts. These contracts have expired, and the renewal rates from this month onwards will be much higher than last year’s prices for two main reasons:
