German Power Prices Set To Keep Skyrocketing In 2019 Due To 50 Billion Euros Annually In Grid And Feed-In Levies
By P Gosselin on 16. April 2019
According to German online business daily Handelsblatt here, German electricity are set to get significantly more expensive in 2019 due to the power grid becoming 8 percent more expensive to use. This will make already painfully high electricity prices even more excruciating.
The Handelsblatt cites calculations by German think tank “Agora Energiewendeâ€, which reports that revenues for the network operators total 24 billion euros this year.
According to Agora, “Costs previously referred to as grid costs are expected to rise by a total of six to eight percent.†For household customers the grid already amounted to 7.17 cents per kilowatt hour in 2018, which compared to 6.79 cents per kilowatt hour levied for the renewable energy feed in tariffs. This year it was 6.41 cents.
https://notrickszone.com/2019/04/16/german-power-prices-set-to-keep-skyrocketing-in-2019-due-to-50-billion-euros-annually-in-grid-and-feed-in-levies/
