Reconciliation price 2016

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

2016	Off peak EUR/MWh	Peak EUR/MWh
January	26.57	40.71
February	20.82	30.93
March	23.37	30.61
April	22.52	29.40
May	23.58	33.31
June	27.29	39.03
July	28.49	39.58
August	24.21	33.38
September	26.98	40.05
October	34.53	44.18
November	37.68	50.54
December	37.80	53.10