“Power prices rise for millions of households”
Power prices for German households increase on average by 4.4 percent this spring, price comparison website Verivox told Clean Energy Wire. According to Verivox, 70 regional power suppliers will increase their prices, resulting in additional costs of about 54 euros for average households with a power consumption of 4,000 kilowatt hours (kWh) annually. By contrast, five suppliers were lowering prices, Verivox added.
Prices are set to rise in every German state, tabloid Bild writes on its website. But especially regions served by utility E.ON, comprising about twelve million households, will see prices rise - in some regions by more than 14 percent, Bild explains. According to the report, energy suppliers say the increase is due to a higher renewables surcharge, although wholesale power prices have fallen.
Read the article in German here.
For background, see the CLEW factsheet What German households pay for power.