German household power prices rise by 3 percent in 2017
German household power prices rose by an average of 3 percent in 2017, price comparison website check24.de says in a press release. “Power customers on average pay 1,426 euros for 5,000 kilowatt hours. At the beginning of the year, the price was 1,387 euros,” the website says, with German power prices now “at a record level” and likely to stagnate “at a very high level” in 2018. Despite a drop in the renewables surcharge and grid fees, power companies are yet to announce lower prices, it adds. Gas prices fell by an average of 1 percent over the same period.
Find the press release in German here.
See the CLEW factsheet What German households pay for power for more information.