1. SAP Glossary
  2. Compensation billing according to German EEG Law
  3. compensation price


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


SAP Term: compensation price


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  • Key Concepts: 
    Compensation price is a term used in the SAP IS-U-EEG module, which is used to manage energy billing according to the German EEG Law. This law requires energy suppliers to pay compensation to customers for the electricity they generate from renewable sources. The compensation price is the amount of money that the energy supplier must pay for each kilowatt hour of electricity generated from renewable sources. 
    
    How to use it: 
    The compensation price is determined by the German government and is updated regularly. In SAP IS-U-EEG, the compensation price is entered into the system and used to calculate the amount of compensation that must be paid to customers. The system also allows users to enter different compensation prices for different types of renewable energy sources, such as solar or wind power. 
    
    Tips & Tricks: 
    It is important to keep track of the current compensation prices in order to ensure that customers are being paid the correct amount of money. Additionally, it is important to ensure that all relevant information regarding the compensation price is entered into the system correctly in order for the system to accurately calculate the amount of compensation due. 
    
    Related Information: 
    For more information about SAP IS-U-EEG and how it can be used to manage energy billing according to German EEG Law, please refer to SAP’s official documentation on this topic. Additionally, there are many online resources available that provide detailed information about this module and how it can be used.
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