What is billing model in SAP IS-U-EEG - Compensation billing according to German EEG Law?

SAP Term: billing model

• Component: IS-U-EEG

• Component Name: Compensation billing according to German EEG Law

• Description: Describes the operands for a generating unit that are required for EEG billing.

Smart SAP Assistant

• Key Concepts: 
  The billing model for IS-U-EEG Compensation billing according to German EEG Law is a system that allows energy suppliers to bill customers for the costs associated with the German Renewable Energy Sources Act (EEG). This law requires energy suppliers to purchase renewable energy from producers at a fixed price, and then pass on the costs to their customers. The billing model allows energy suppliers to accurately calculate and bill customers for these costs. 
  
  How to use it: 
  The billing model is used by energy suppliers to calculate the costs associated with the EEG and then pass them on to their customers. The model takes into account the amount of renewable energy purchased, the cost of purchasing it, and any other associated costs. It then calculates the total cost and generates an invoice for the customer. 
  
  Tips & Tricks: 
  When using the billing model, it is important to ensure that all of the necessary information is included in the calculation. This includes the amount of renewable energy purchased, the cost of purchasing it, and any other associated costs. Additionally, it is important to ensure that all calculations are accurate in order to avoid any discrepancies between what is billed and what is actually owed. 
  
  Related Information: 
  The German Renewable Energy Sources Act (EEG) is a law that requires energy suppliers to purchase renewable energy from producers at a fixed price. This law has been in effect since 2000 and has been amended several times since then. Additionally, there are other laws related to renewable energy in Germany, such as the Renewable Energy Sources Act (EEG) and the Renewable Energy Sources Act (KWKG).