Luminus is the second largest player in the Belgian energy market and belongs to the Top 30 Largest Belgian Companies. Luminus has gas-fired electricity plants, wind farms and hydraulic power stations on various sites in Wallonia and Flanders.
Luminus has 1,700,000 customer accounts, both householders and companies, and approximately 1,000 employees.
The Grid Fee is a fee which, in the Belgian liberalized energy market model, is billed by the DGO (Distribution Grid Operator) to the Supplier(s) for the usage of the distribution grid.
The Reconciliation process is a final settlement of the consumed volumes, several years after they have taken place. Invoices that were initially based on estimations can now be recalculated based on actual reads and the difference is considered the reconciliation cost. This reconciliation cost could be a positive or negative bill from the DGO towards the Supplier(s).