Germany’s electricity prices DOUBLE as “green” nightmare kicks in
01/23/2024 / By Belle Carter
German multinational electric utility company E.ON recently announced a piece of bitter news to its consumers – it is having a hefty double-the-price increase effective shortly.
“Consumers who heat with electricity and live in E.ON’s basic supply area have so far been able to benefit from relatively low prices for the basic heating electricity supply despite the energy crisis. But that will soon be over,” said the North Rhine-Westphalia (NRW) consumer advice center. The notice period is two weeks after the firm has been provided with existing customers in the Alternative Tariff Offer.
NRW also gave important tips for those who wanted to leave. “Since the choice of heating electricity [rates] is smaller than with household electricity, we recommend that you first allow a longer contract term of up to 24 months in the filter settings. However, a shorter maturity of only twelve months is recommended,” Mueller explained as per the English-translated site. “To find a suitable heating electricity [rate], consumers need to know how the heating current is measured in them, which means which electricity meters are installed.” She also said that it would make sense to ask local providers about rate options because not all rates options would be found on the comparison portals.
https://www.climate.news/2024-01-23-germanys-electricity-price-doubles-green-nightmare-kicks-in.html
