Since October 2011 all our standard rate customers are supplied with 100% green energy.
Tariff per kWh
As the energy supplier of the capital, Leo decided in October 2011 to convert all its standard rate conventional electricity supply to a green-based electricity supply called naturstroum.
Green naturstroum electricity is produced 100% from renewable energy sources (100% water), certified by TÜV-Süd on the basis of GoOs (Guarantees of Origin).
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ELECTRICITY RATE CONDITIONS
TERMS AND CONDITIONS
What does an all-inclusive tariff mean?
The price of electricity can be broken down into a number of components. First there is the purchase price and general expenditure in the commercial portion ("energy" portion). Secondly, the more technical part ("network" portion), i.e. the cost of using the network (the toll) to bring current to the customer, and metering expenses.
The network portion is handled by the network manager Creos Luxembourg S.A. and the commercial portion by Leo S.A. To make customers' lives easier, Leo S.A. sends you a single bill accounting for both services ("energy" and "network"), and makes arrangements for settling network bills with the respective network managers.
What are single tariffs and dual tariffs?
Single tariff means the price of energy remains the same throughout the day, 24 hours a day, 7 days a week.
For the dual tariff, a price of energy during the daytime slightly higher than the single tariff, and a lower price at night (22:00 h to 06:00 h) will be billed. This tariff mainly targets users of accumulation heating, electric water heaters or any other electrical appliance which is preferably used at night.
For both the single and dual tariffs, a monthly fixed premium in € is added to the energy prices expressed in c€/kWh.
Why do I have to pay for taxes and the equalisation fund?
There are two taxes: electricity tax and value-added tax (VAT).
Electricity tax is charged by all distributors for the government, and the amount of tax is set annually by the budget law. Value-added tax (VAT) is applied to the total amount of the bill, and is currently running at 8%.
The equalisation fund is a contribution to encourage national electricity production on the basis of renewable energy sources or co-generation. The tax actually helps offset surcharges on the production with respect to traditional production (coal, gas or nuclear systems). The equalisation fund is run by the Luxembourg Regulation Institute (ILR), which sets the annual amount of the contribution on the basis of market prices for electricity produced using traditional methods.
Taxes and the equalisation fund are costs imposed on consumers by the government.