Understanding the components of electricity pricing
Electricity pricing consists of multiple tariff elements from different organizations. These elements combine to form the total price that end users pay for electricity.
The Prezio API offers flexible VAT handling using the vat parameter:
Excluded
All prices excluding VAT (default behavior)
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vat=excluded
Included
VAT included in each price component
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vat=included
Separated
VAT shown as a separate component
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vat=separated
VAT rates vary by country and sometimes by element type. The Prezio API automatically applies the correct VAT rates based on location and element classification.
When displaying electricity costs to end users, consider presenting key component groups (grid, energy, taxes) separately to help users understand their bill structure.
For charts and visualizations, the semi-detailed response format is often ideal, showing the breakdown between major cost categories while avoiding overwhelming detail.