Tag Archive for 'electricity prices'

Electricity Prices for 4-Member Household Rose by 37% Since 2008 – State Induced Elements Account for 53% – EEG Surcharge Increase of 437%

According to calculations by the price comparison website Check24, a 4-member household with an electricity consumption of 5,000 kWh has to pay EUR 1,417 today, EUR 382 or 37% more than 2008 (EUR 1,035). State induced price elements meanwhile account for 53% (EUR 747.39) compared with 41% in 2008, with the Renewable Energy Sources Surcharge (EEG Surcharge) even rising by 437%. The actual electricity costs rose by only 10% in the period under review.

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In-depth Investigation of Germany’s Renewable Energy Act to be opened before Christmas?

According to recent press reports, EU Competition Commissioner Joaquín Alumia has announced that the European Commission will open an in-depth investigation of Germany’s Renewable Energy Act (Erneuerbare-Energien-Gesetz, “EEG”) before Christmas. The EEG promotes renewable energy sources by stipulating fixed feed-in tariffs. In order to ensure that in particular industrial customers with a high level of energy costs and which are subject to international competition are not forced to close done operations in Germany, the EEG allows for certain exemptions of energy-intensive companies. It still seems unclear whether the European Commission only will continue its investigation regarding these exemptions or also regarding further elements of the  feed-in tariff scheme of the EEG.

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Energy Positions in Pre-Election Television Debate Between Chancellor Merkel and Social Democrat Opponent Peer Steinbrück

Last night the four television channels ARD, ZDF, RTL and ProSieben broadcast the only television debate between Conservative Chancellor Angela Merkel (CDU) and her main opponent Peer Steinbrück from the Social Democratic Party (SPD) before the federal election on 22 September 2013.

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2013 German Election Energy Party Profiles – Part 2: Future of the EEG Surcharge and Electricity Tax

We continue our series on the competing parties’ agendas for the upcoming federal elections by focusing on the discussion who actually should be burdened with the costs of the “Energiewende”. This includes whether and which types of customers should be exempt therefrom with regard to international competition, and whether or not the increasing costs in particular resulting from EEG surcharge, but also of the extension of the grid, should be set off by reducing the electricity tax. As we have pointed out in the first blog of this series, the cost aspect has become an increasingly controversial issue over the last two years.

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Eastern Germany More Affected by Rising Electricity Costs – Household Electricity Prices Rising to 40 ct/kWh by 2020?

Due its higher than average electricity production from renewable energy sources, Eastern Germany benefits in the area of employment, but its citizens have to bear higher than average grid costs. Having a generally lower income than their peers in former West Germany, the citizens of the five German states that formerly constituted East Germany are also harder hit by the rapidly rising electricity costs in the wake of Germany’s energy transition (Energiewende). These are the mains conclusions of a study on the effects of the Energiewende on the five Eastern German states, presented by the federal government’s Commissioner for Eastern German Affairs, parliamentary state secretary Dr. Christoph Bergner. Electricity prices for private households in all of Germany will rise from currently below 29 ct/kWh to almost 40 ct/kWh by 2020, the study also predicts.

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Dena Expects 20% Electricity Price Increase by 2020

Many electricity suppliers have announced to raise their prices at the end of the year. The German Energy Agency (dena) understands this as a sign for a long-term trend due to the German energy turnaround and assumes that electricity prices will increase by 20% by 2020. Continue reading ‘Dena Expects 20% Electricity Price Increase by 2020’

BGH Requests CJEU Preliminary Ruling With Regard to Electricity Price Adjustment Clause

The Federal Court of Justice (Bundesgerichtshof – BGH) recently decided to request a preliminary ruling by the Court of Justice of the European Union (CJEU) concerning the legality of an electricity price adjustment clause (ref. no. VIII ZR 211/10). In May the BGH had already requested a preliminary ruling regarding a gas price adjustment clause in a similar case (ref. no.VIII ZR 71/10).

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Utilities to Considerably Raise Electricity Prices for 2011

At least 21 utilities are planning to increase electricity prices considerably as of 2011, Süddeutsche Zeitung writes. The paper is referring to a still unpublished survey carried out by the German Renewable Energy Federation (Bundesverband Erneuerbare Energien – BEE).

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E.ON to Raise Electricity Prices as of May

E.ON, one of the four major German utilities, annouced that its subsidiaries will raise electricity prices on average by 4.2% as of May. Continue reading ‘E.ON to Raise Electricity Prices as of May’

Electricity Prices Hit New Record High in 2009

According to a survey by the internet portal Toptarif, an internet portal that compares energy, finance and insurance products and prices, electricity prices hit a record high in Germany in 2009. Continue reading ‘Electricity Prices Hit New Record High in 2009’