“Electricity in Germany becoming more expensive”

Electricity prices in Germany are going up, Frankfurter Allgemeine Zeitung reports. Of 832 public utilities and local power companies, 244 have announced price hikes of 3 percent on average since the beginning of the year — an increase that matched that of Germany’s renewable energy surcharge this year. Only 87 electricity providers reported price reductions of 2.5 percent on average. Overall, basic electricity prices for German consumers rose by 1.3% on average. The average price for 4,000 kilowatt-hours, approximately the annual consumption of a four-person household, was 1,196 euro in December 2015; in August 2016, the same amount costs 1,212 euro.

For more information on this subject, read the CLEW article Renewable energy levy set to rise in 2017 – think tank.