Gas price today: what does a cubic metre of gas cost?
By Laurens Arends · updated 05-10-2026
What is the current gas price per m³?
The average gas price today is € 1,735 per m³. That amount includes the supplier's variable supply rate, the energy tax and 21 percent VAT. Fixed supply charges and grid operator charges are not calculated per cubic metre and are therefore not included in this amount.
The energy tax alone amounts to € 0,60066 per m³ excluding VAT in 2026. Including 21 percent VAT, that is € 0,72680 per m³. With 900 m³ of gas consumption, you therefore pay € 654,12 in energy tax. The tax thus forms a considerable part of the current gas price. Your full gas bill is also higher because of the standing charge and the grid operator charges.
Here the gas price is shown live. By this we mean that the market and contract data are updated daily. A fixed gas rate obviously does not change every minute.
What does the gas price consist of?
This is how the gas price per m³ is built up (worked example at TTF € 50 per MWh)
The current gas price per m³ consists of three parts. The first part is the supply rate. In it, the supplier includes its purchase price and, depending on the contract, profile and balancing costs, a risk premium and a profit margin. This is the part of the price per cubic metre on which suppliers compete with each other.
The second part is the energy tax. The government sets this amount annually and every supplier charges the same rate for a normal household. The third part is VAT. You pay 21 percent VAT on the full energy bill: not only on the current gas price per m³, but also on the energy tax.
The price per cubic metre is not your full gas bill. You also pay fixed supply charges to the supplier and grid operator charges for the connection and transport. A supplier with the lowest gas price per m³ is therefore not automatically the supplier with the lowest total annual amount. Welcome discounts or loyalty discounts, for example, can also play a role.
TTF gas price: the wholesale price versus your gas rate
The TTF gas price is the most important European reference price for natural gas. TTF stands for Title Transfer Facility: a virtual trading point within the Dutch gas network of Gasunie Transport Services. According to GTS, more than eighty times the Dutch gas consumption is traded at this trading point. TTF is therefore not a physical gas storage facility and not a consumer price either.
On trading platforms such as EEX and ICE Endex, TTF gas contracts are quoted in euros per megawatt hour, while at home you pay per m³. The TTF price does not yet include energy tax, VAT, supplier margin or purchasing and balancing costs. You pay the grid operator charges on top as fixed costs. After conversion to the same unit, your current gas price per m³ is therefore clearly higher than the bare TTF gas price in the gas price chart.
From TTF gas price to gas price today
The gas price that Eneco or another energy supplier charges today differs from the TTF gas price. TTF is the virtual trading point in the Dutch gas network and serves as an important European reference price. On this market, gas is traded in euros per megawatt hour, excluding energy tax and VAT. The final gas price per m³ also depends on your type of contract, your supplier's purchasing fee and the taxes.
First from MWh to m³
For the conversion, we use the standard cubic metre from the Dutch gas market. Thus 1 standard m³ of gas with a gross calorific value of 35,17 MJ contains about 9,7694 kWh. One cubic metre of gas therefore corresponds to 0,0097694 MWh.
You calculate the bare TTF gas price per m³ as follows:
TTF gas price per m³ = TTF price per MWh × 0,0097694
If, for example, the TTF gas price is € 50 per MWh, the bare market value is:
€ 50 × 0,0097694 = € 0,4885 per m³
That is not yet a consumer rate. On top of this market price come the supplier's purchasing fee, energy tax and VAT. The supplier uses the calorific conversion factor supplied by the grid operator to correct for differences in the actual composition of the gas supplied. As a result, according to the ACM the exact conversion on your bill may differ slightly from the theoretical standard factor.
The full formula for the current gas price per m³
For a dynamic contract, you can approximate the variable gas price per m³ including tax in 2026 with this formula:
Gas price per m³ = (TTF price × 0,0097694 + purchasing fee + € 0,60066 energy tax) × 1,21
The energy tax amounts to € 0,60066 per m³ excluding VAT in 2026. The purchasing fee differs per contract and supplier. It may include transaction costs, national transport, CO₂ offsetting, premiums and a supplier margin. EnergyZero, for example, publishes a purchasing fee of € 0,07302 per m³ excluding VAT for 2026. This is not a market average, every energy supplier works with its own purchasing fees. At a TTF price of, for example, € 50 per MWh, the following gas price per m³ then results:
| Item | Calculation | Amount per m³ |
|---|---|---|
| Bare TTF gas price | € 50 × 0,0097694 | € 0,48847 |
| Purchasing fee from the example | Fixed amount supplier | € 0,07302 |
| Energy tax 2026 | Set by the government | € 0,60066 |
| Subtotal excluding VAT | € 1,16215 | |
| VAT | 21% × € 1,16215 | € 0,24405 |
| Gas price per m³ including tax | € 1,40620 |
You can see that the gas price per m³ including taxes is considerably higher than the bare TTF gas price, in this case almost three times as high. That is normal. For 900 m³, for example, the above rate comes to about 900 × € 1,40620 = € 1.265,58 per year in variable gas costs. Fixed supply charges and grid operator charges come on top of that. These fixed costs are separate from the gas price per m³.
A change of € 10 per MWh on the TTF changes the bare market component by about € 0,09769 per m³. After 21 percent VAT, the effect is about € 0,1182 per m³, as long as the tax and supplier mark-up remain the same. With 900 m³ of consumption, this amounts to about € 106 per year. In other words, you can see how the bare TTF gas price has a big influence on the energy bill.
Not every TTF gas price is the same price
The term TTF gas price can refer to different trading products. The EEX Day EGSI, for example, is a volume-weighted average of transactions for delivery on the next gas day. On the ICE Endex futures market, monthly, quarterly, seasonal and annual contracts are also traded in euros per MWh.
For a dynamic contract, a spot or day-ahead index is particularly relevant. For a new fixed contract, the supplier instead looks at the expected purchasing costs over the full term. Which index a dynamic supplier uses exactly is stated in the product terms. Some suppliers use an EEX day-ahead index, while other contracts refer to a different daily index or calculation method.
Difference between dynamic, variable and fixed
| Contract type | Which market price is relevant? | Calculation of the gas price per m³ | When do you notice a TTF change? |
|---|---|---|---|
| Dynamic | Usually an EEX or other TTF day-ahead index. | Daily index converted to m³, plus purchasing fee, energy tax and VAT. | Usually the next gas day. |
| Variable | A purchasing mix of previously bought forward products and shorter market positions. | Average purchasing costs, risk and operating costs, margin, energy tax and VAT. | Usually after a few weeks or months, at the change moment stated in the contract. |
| Fixed | Forward prices for the months, quarters or years within the contract term. | Expected and hedged purchasing costs over the term, plus risk premium, operating costs, margin, energy tax and VAT. | Only new deals move along. Your existing supply rate remains fixed until the end date. |
With a dynamic contract, the movement of the wholesale market is passed on the fastest. The ACM explains that you then pay the daily price for gas plus a purchasing fee. The supplier runs less price risk; you bear the risk of daily price fluctuations.
With a variable contract, the supplier usually buys gas in advance and in different parts. The current gas price per m³ is therefore not a direct reflection of today's TTF price. In July 2026, the ACM found that many suppliers adjust their variable rates four times a year. A fall or rise on the TTF may therefore appear in the variable rate months later.
For a new fixed contract, the supplier bases itself on the expected purchasing costs over the full contract term. Forward prices, the expected consumption profile, deviations between expected and actual consumption and price risk all play a role. The ACM confirms that suppliers use risk premiums with fixed prices so that they can also meet their obligations when market prices rise.
Why does the gas price per m³ respond with a delay?
The delay effect arises because suppliers buy or financially hedge gas before the actual consumption. Dutch research by the ACM showed that large suppliers buy at least one month and often longer in advance. A cheap TTF day therefore does not immediately wipe previously expensively purchased gas from the purchasing portfolio.
Scientific research also supports this mechanism. A 2026 study in Economics Letters found that prices of new fixed gas contracts responded mainly to current and previously observed wholesale prices. The pass-through of future wholesale prices was much more limited in that study.
The study concerned the liberalised gas market of the US state of Georgia and therefore does not provide an exact Dutch case, but it does show that fixed consumer rates do not move one-to-one with the TTF daily price. How quickly the gas price per m³ responds depends on your contract: with dynamic it usually happens the next gas day, with variable at a rate change moment and with a running fixed contract only after the fixed term ends.
Gas price per energy supplier
| Supplier | Variable | Fixed 1 year | Fixed 3 years |
|---|
The table shows what the gas price is today per energy supplier. It concerns the current gas price for new contracts. Do not just compare the rate per m³, but look at the overall picture including other fixed supply charges and any discounts. A difference of € 0,01 per m³ means € 9 per year with 900 m³ of consumption. With a € 0,10 difference, that rises to € 90.
Comparing carefully pays off. The CBS calculated that a household with a relatively expensive variable gas contract in January 2026 paid € 196 more on an annual basis than a household with a relatively cheap variable gas contract. For each supplier, you will find the other rates and terms via the brand page in the table.
The trend of the gas price
The gas price per day
We will show the daily trend as soon as we have stored thirty days of gas rates. We have been storing them since 2 October 2026: every day the average and the lowest variable rate from our verified offering.
The long-term gas price chart shows that the market does not move in a straight line. In 2025, for example, wholesale prices fell sharply due to ample LNG supply and moderate demand. According to the ACM, the TTF price dropped to about € 29 per MWh in November 2025. Long-term fixed contracts on offer were then 14 percent cheaper than during the peak in February 2025.
In 2026, volatility clearly returned to the gas price chart. The ACM saw the TTF price rise from about € 41 per MWh at the end of June to a peak of € 64 a month later. Variable consumer rates for gas rose by about 7 percent as of 1 July because suppliers processed earlier increases on the wholesale market at their rate change moment.
According to the ACM, the later volatility and TTF peak were mainly related to the continuing unrest around the Strait of Hormuz, while the relatively low gas stocks also kept the market vulnerable.
Note that gas is not automatically cheap every summer and more expensive every winter. In winter, heat demand rises, but in summer market parties buy gas to fill the storage facilities. Cold, stock levels, maintenance on Norwegian installations, the availability of LNG and competition with Asia can therefore make the price move in every season. The current energy prices fluctuate constantly and are highly dependent on geopolitical events.
Gas price forecast for the end of 2026 and 2027
Predicting an exact gas price is not possible. The European market has more import options than during the energy crisis of 2022, but has also become more dependent on the global LNG market. According to ACER, about 58 percent of European LNG imports came from the United States in 2025. A problem outside Europe can still quickly find its way into the Dutch gas price.
On 20 August 2026, according to figures from Gas Infrastructure Europe, the European gas storage facilities were about 62 percent full, compared with 74 percent a year earlier. At that moment, the European Commission saw no direct supply risk, but the smaller buffer makes the winter price more sensitive to cold and new disruptions.
There are a number of arguments in favour of a fall in the gas price. Lower European gas consumption helps, for example. The IEA expects European gas demand to fall by more than 2 percent in 2026 due to higher renewable production and the high gas price. On the other hand, there are clear upward risks.
The IEA expects, for example, that global LNG supply will remain roughly the same throughout 2026, with additional production outside the Gulf largely needed to replace lost supplies. The organisation also warns that the market may remain tighter in 2026 and 2027 than previously expected. A cautious conclusion is therefore that the TTF gas price will remain very volatile and difficult to predict heading into winter 2026-2027.
How to pay less for gas
Start by comparing the total annual amount. With 900 m³ of consumption, a difference of € 0,05 in the supply rate yields a saving of about € 45 per year. In addition to the gas price, also check the standing charge, the electricity price and the terms of the discount. Reducing consumption is always a good idea. Every m³ you do not use, you do not have to pay for either.
With our practical tips for saving on gas you tackle the biggest consumption items first. Finally, you can look at the type of contract. With a dynamic energy contract your gas price follows the market every day, so that a fall is passed on quickly. However, you also immediately bear the risk of a rise. Therefore always compare the full contract and then look at all deals.
Frequently asked questions about today's gas price
The live gas price for consumers is not the same as the wholesale price you see in the news. Taxes, types of contract and the supplier's purchasing strategy explain a large part of the difference. Below, we answer five frequently asked questions about the current gas price.
What is the gas price per m³ now?
The current gas price today is € 1,735 per m³, including energy tax and 21 percent VAT. The amount consists of the bare supply price, supplier mark-ups and € 0,72680 energy tax including VAT. 21 percent VAT is also charged on the bare supply price and mark-ups. Fixed supply charges and grid operator charges come on top of that.
Why is my gas price higher than the TTF price?
The TTF gas price is a wholesale price in euros per megawatt hour. Your supplier also charges, among other things, purchasing and balancing costs and a margin, after which the government levies energy tax and VAT. With a fixed or variable contract, your rate may also be based on gas that was bought earlier and for a longer period.
When is gas cheapest?
There is no month in which gas is always cheapest. In summer, heat demand is usually lower, but filling the gas storage facilities can actually push the price up. Compare deals when your contract is nearing its end date and do not try to predict the market on the basis of the season alone.
Does the gas price differ per supplier?
Yes. The supply rate and the fixed supply charges differ per supplier, while the energy tax and the VAT rate for households are the same. Often the difference is not much larger than a few cents per m³. But every cent of difference in the gas price per m³ does produce a difference of about € 9 per year (at a reference consumption of 900 m³ per year).
Will the gas price rise or fall?
That cannot be reliably predicted. A mild winter, lower European demand and recovery of LNG supply can push the price down, while low stocks, cold and international supply problems can push the price up. The gas price chart shows the current direction, but offers no certainty about future rates.