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What are Energy Tax and Electricity Tax?
The energy tax on electricity consumption is also referred to as the electricity tax. The energy tax consists of an excise duty on electricity and a security of supply charge. The distribution company invoices the energy tax on the electricity transmission bill and pays it to the state.
What is VAT?
VAT is a consumption tax that is added to the price of electricity. The electricity company bills the tax and forwards it to the state.
How is the annual cost estimate calculated?
The Electric service will give you an estimate of the annual cost of electricity sales contracts. The service calculates the annual cost of different products impartially using the same calculation formulas. The calculation is based on the …