The price of natural gas depends on the level of consumption, the consumption profile of an individual customer and the type of agreement concluded, which defines the pricing model. Customers who consume natural gas evenly throughout the year typically achieve a lower overall cost than seasonal customers who primarily use natural gas for heating, due to a lower seasonal effect on prices and better utilisation of transmission capacities.
The variable price of natural gas is set directly on the basis of the value of the short-term products offered on European natural gas markets. This pricing model is characterised by greater flexibility in terms of delivery volumes and larger price fluctuations due to changes on the market, which are additionally affected by seasonal factors. The risks of price fluctuations can be eliminated through timely agreement on the setting of a fixed contractual price, which is based on futures indicators of gas indices, and therefore remains unchanged for an agreed volume. Due to its close proximity, the most important index for Slovenia is the one published on the Austrian CEGH exchange.
Hybrid products are the result of combining various methods for setting the natural gas price. Through the appropriate coordination of values on current and long-term exchange indices, such products are adapted to the needs of individual customers, taking into account the dynamics of their consumption and aversion to the risks associated with the variability of exchange prices.