Finance

Not at first, now anyway: Vandebron will double energy prices from November 1

That is striking, because on October 5, Vandebron communicated that the prices would only increase on January 1. The company states in comments on social media that ‘this has changed, because the changes in the market are so great that we are forced to act earlier anyway’.

‘Have to think about the organization’

Vandebron also says that the situation is ‘so bizarre that we have to act differently’. “We also have to think about our organization. The market has not only become so much more expensive for customers, but also for suppliers.”

The company does indicate in the email that it will not raise prices again on January 1. “The next change will take place again on July 1.” The company is not the first to raise prices. Smaller providers such as OM, Vrij op Naam and Pure Energie have already done this.

Gas price rises even faster

The customers will notice that the prices at Vandebron are rising. The current normal electricity price (so no off-peak rate) including VAT was 0.09455 euros per kilowatt hour. That will be 0.21010 euros, so a large doubling.

The gas price is rising even faster: from 0.25734 to 0.66754 euros per square meter.

Spokesperson Joyce Donat of the Consumers’ Association thinks the price increase is significant, but is not surprised. “You can also expect this from other providers in January.” She does not think it is indecent, because the providers try to ‘keep their heads above water’ in this way.

It is sour for customers, says Donat, because the government will only start compensating for the high energy bill from 1 January. An average household can then look forward to 400 euros. Donat: “It is hoped that energy suppliers will be very reluctant to increase the variable rates.”

‘Not intended that companies go bankrupt’

It is a bit short for Vandebron’s customers, according to Sjak Lomme. He is an independent consultant in the field of energy contracts. According to him, it is not prohibited, although a price increase normally has to be sent to watchdog ACM four weeks before it takes effect. They then check whether the increase is reasonable.

That time is not here now, and so we already know about a few increases than ACM, which now ‘let it pass’ shortly in advance, says Lomme. “To wait four weeks now can be a big loss for companies. It is also not the intention that companies fail.”

According to Lomme, Vandebron’s turn can also be explained. At the beginning of October, it seemed that this price spike would be temporary. “But it might be a price plateau that we’ll be on for a long time.”

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