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Electricity Price Belgium per kWh 2024

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Price electricity

The electricity price in Belgium consists of several components and can vary greatly over a certain period. Partly because of this, comparing electricity prices can be quite difficult. In this energy guide you will find everything about the price of electricity in 2023 in Belgium and look at the current electricity prices.

Electricity Price Belgium

In Belgium, the electricity price per kWh, but also the services, can differ greatly per supplier. Therefore it is important to compare the prices carefully before taking out a contract with an energy supplier in Belgium.

The comparison below shows the electricity prices of the five largest energy suppliers in Belgium for their most popular contracts on April 26, 2023. Use the CallMePower energy comparison tool to compare all contracts.

Price Electricity in €cent per kWh on 24 February 2024
Supplier Name contract Price single rate Price peak hours Price off-peak hours
Eneco Zon en Wind Flex / Soleil et Vent Flex 13.74000 13.74000 13.74000
ENGIE Electrabel Easy Flex 13.86900 14.69300 11.56200
Luminus ComfyFlex 13.77000 15.62000 11.66000
Mega Cosy Flex 13.08000 14.99000 12.00000
TotalEnergies Pixel Blue 11.54920 12.80070 10.41760
Use the free CallMePower energy comparator or contact CallMePower for a comparison: +32 2588 0245

Offers that show "-" are not available or not published yet for this month.
The prices shown concern the energy cost and include VAT. Additional network charges and levies are not included in the price shown. The prices come from the rate cards and are the current prices in this month.

Not sure whether to choose a variable or a fixed electricity tariff? View our page about choosing between a fixed and variable energy contract for more information and tips.

Influence Energy Meter on the Electricity Price

The electricity price per kWh depends, among other things, on the type of electricity meter you have chosen. We distinguish three electricity tariffs and meters:

  1. Single rate meter: The price per kWh of a single rate meter is always the same, regardless of the part of the day.
  2. Dual rate meter: The price per kWh of a dual rate meter can be different for peak and off-peak hours, generally lower during off-peak hours.
  3. Exclusive night meter: an electricity rate that can only be used during off-peak hours.

The day and night rate and the night-only rate will disappear with the arrival of the capacity rate in Flanders. From 1 January 2023, the network operators will no longer distinguish between peak and off-peak hours. This change only applies to the distribution tariffs, energy suppliers can still make a difference in the price per kWh during peak and off-peak hours.

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Get advice on energy tariffs in Belgium (Free service)

Contact CallMePower to get information or advice on the energy tariffs and suppliers in Belgium. (English- and Spanish-speaking advisors available)

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Get advice on energy tariffs in Belgium (Free service)

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Components Price Electricity Belgium

The electricity price consists of a number of different components. Depending on the market prices of energy, certain components represent a larger part of the final electricity price. In general, the energy cost is responsible for the largest part of the electricity price, which mainly depends on the prices on the wholesale market.

In the diagram below, the composition of the electricity price in Belgium in January 2023 can be found.

Source: VREG, 2022

The components of the electricity price as viewed above is based on the average electricity prices of all commercial energy suppliers in Flanders for an average consumption of 1,600 kWh during peak hours and 1,900 kWh during off-peak hours.

View our page about energy consumption in Belgium for more information on the consumption of energy, composition of the price and the different invoices.