Reconciliation price 2015

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.

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 Kings Birthday (usually celebrated on 27 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

2015	Off peak EUR/MWh	Peak EUR/MWh
January	38.00	47.29
February	43.19	51.94
March	37.27	49.59
April	37.04	49.18
May	34.23	45.61
June	32.88	46.35
July	35.69	49.91
August	34.92	45.15
September	37.05	44.00
October	38.60	46.47
November	35.54	44.40
December	30.38	40.16