Reconciliation price 2008

The reconciliation price is the weighted market price that is used to settle, over a certain period, the difference between the consumption calculated by means of profiles and the actual consumption established.

• The reconciliation process has been laid down in the System Code and the Metering Code
• The System Code contains stipulations about the determination and publication of the reconciliation price.                

Explanation

The reconciliation price concerns the average APX day-ahead price, weighted per month according to the national output per hour of profile customers, for peak and off-peak periods (prices in EUR/MWh in 2 decimal places).

• Off-peak: all day on Saturdays and Sundays, 1 January, Easter Monday, Ascension Day, Whit Monday, the Queen’s Birthday (usually celebrated on 30 April), Christmas Day and Boxing Day; on all other days between midnight and 7 a.m. and between 11 p.m. and midnight.
• Peak: all other periods                

2008	Off peak EUR/MWh	Peak EUR/MWh
January	54,69	82,19
February	54,67	74,27
March	55,36	76,58
April	62,90	90,94
May	54,04	90,94
June	56,54	102,01
July	55,29	92,13
August	56,03	78,94
September	69,79	111,62
October	62,96	111,39
November	55,02	88,36
December	47,45	79,14