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

SAP Term: tariff payment

• Component: IS-U-EEG

• Component Name: Compensation billing according to German EEG Law

• Description: Governmentally defined financial compensation for feeding electrical energy into an electrical grid, which is used to promote certain types of energy generation. Generally this applies to renewable energies such as wind power plants, solar arrays, hydroelectric power plants, geothermal power plants and biomass power plants.

Smart SAP Assistant

• Key Concepts: 
  Tariff payment is a component of the SAP IS-U-EEG Compensation billing according to German EEG Law. It is a payment system that allows customers to pay for energy generated from renewable sources, such as solar or wind power. The tariff payment system is designed to incentivize the use of renewable energy sources and promote sustainability. 
  
  How to use it: 
  The tariff payment system is used by customers to pay for energy generated from renewable sources. Customers can select the type of energy they wish to purchase and the amount they wish to pay. The system then calculates the amount due and the customer can make the payment. 
  
  Tips & Tricks: 
  When using the tariff payment system, it is important to ensure that all payments are made on time. Late payments may result in additional fees or penalties. Additionally, customers should be aware of any applicable taxes or fees associated with their purchase. 
  
  Related Information: 
  The tariff payment system is part of the SAP IS-U-EEG Compensation billing according to German EEG Law. This law was introduced in 2009 and is designed to promote the use of renewable energy sources in Germany. Additionally, customers should be aware of any applicable laws or regulations related to their purchase of renewable energy.