Lowest Energy Rates In Ct - Electricity prices in Germany are among the highest in Europe. The high costs are partly the result of mandated support for renewable energy sources – but most customers will continue to support the country's energy transition regardless. Wholesale electricity prices have fallen on average in recent years, but tariffs, taxes and network charges are pushing up bills for private homes and small businesses in Germany. But market observers say the cost of electricity is often not high enough for customers to look for a cheaper option. At the same time, the increase in energy prices in Europe in 2021 undermines the government's plans to reduce the financial burden of households by reducing taxes and transport on consumption.
The average price of electricity for households and small businesses in Germany was 32.16 cents per kilowatt hour (ct/kWh) in 2021, according to an analysis by the Association of the German Energy and Water Industry (BDEW). More than half of the cost was due to politically determined components, such as taxes, duties and transport.
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About one quarter of the amount in 2021 (7.8 ct/kWh) was due to organized network payments, which include metering and related services. Another 7.9 cents is determined by the market, which represents the costs of supply and distribution of electricity, which also make up the total price of electricity and include the supplier's margin.
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Commercial customers are exempt from some components of the electricity price, and some charges vary depending on the customer's location. While the government directly or indirectly forms more than half of the value, it receives only revenue from both taxes and concessionary duties. Other charges apply to grid operators, renewable energy producers and conventional electricity producers.
Renewable energy supplement (EEG-Umlage) confirms the producer price for renewable energy. In 2021, it was 6.5 ct/kWh, and in 2022 it will be reduced to 3.72 ct/kWh, announced transmission network operators in the region. A reduction in additional taxes has been promised as part of Germany's coal-fired heating and transport system, which was introduced in 2021 to ease the financial burden on customers who had to pay more for fossil energy sources. The total elimination of the surcharge, which could be accomplished in subsequent years, has been under consideration for some time. [For further information on the renewable energy surcharge, read the CLEW fact sheets defining the features of the German Renewable Energy Act and the Green Energy Bill]
Charges for the use of network electricity from the Federal Network Agency (BNetzA) - 7.8 ct/kWh.
Funds to feed-in the price of renewable energy and market premium to be paid to major producers – 6.5 ct/kWh.
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The tax rate was at 19 percent of the price of electricity before taxation. It makes 16 percent of the price after tax - 5.13 ct/kWh
Charge for the use of public areas for transmission lines, which the utility company transfers to customers - 1.66 ct/kWh, depending on the size of the affected area.
The workers must pay wages if they stop connecting the substation farms at the time they sell the energy they produce. Operators can pass these costs through this levy - 0.4 ct/kWh.
Operators of combined heat and power (CHP) plants receive a fixed price for selling electricity. The difference between the guaranteed price and the actual price that they obtain in the market is financed by this surcharge - 0.25 ct/kWh.
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Large electricity consumers are partially or completely exempted from the network fee. These costs are distributed among users through this charge and amount to 0.43 ct/kWh.
In the first half of 2021, the monthly electricity bill for an average German family consisting of three people with a total annual consumption of 3,500 kWh was 93.17 euros, according to BDEW. This is specifically about 87 percent more than in 1998. In real terms, the price increases are much lower, a good 33 percent, which means that if the price is adjusted for inflation.
While the nominal prices of supply, distribution and network payments have increased by 19 percent since the reference year, taxes, services and taxes have increased by 303 percent. This is partly due to a significant increase in the renewable energy surcharge, from 0.08 ct/kWh in 1998 to 6.5 ct/kWh in 2021.
The renewals surcharge now accounts for a fifth of a household's electricity bill. It corresponds to the difference between the price and the price above, the fixed price of green energy, which is guaranteed by law to producers of renewable energy sources for 20 years. Network operators make a difference to consumers. Unlike large commercial customers, households must pay the full amount of duties and taxes.
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According to BDEW, in 2019 households had to pay 8.2 billion euros out of a total of 22.7 billion euros in renewable energy surcharges. This means private customers were paying more than a third of the country's electricity bill - while accounting for less than a quarter of consumption. according to data from the German Environment Agency (UBA).
After a continuous increase of the EEG surcharge since its introduction in 2000, it was reduced for the first time in 2015 and again at the beginning of 2018. In 2019, it was reduced for the third time. However, household electricity prices have not taken into account the fluctuating nature of renewable energy. At the beginning of 2019, the average price of electricity was also 2.5 percent higher than the year before, which, according to BDEW, is the result of higher procurement of electricity in the Wolf market.
In 2022, the surcharge will be almost halved to 3.72 ct/kWh, which has seen a lot of work sent to customers between energy prices across Europe in the second half of 2021, the new levy would save an average of three families with equipment. annual electricity consumption of 4000 kWh is about 130 coins per year. However, high wholesale prices and rising network charges can eat into potential savings for households, price comparison website Verivox said. The outgoing Minister of Economy and Energy Peter Altmaier in the next government called for the end of 2021 to work continuously to remove the supplement and to pay a fixed price for the renewal of energy installations directly from the public budget.
At the same time, higher network payments are expected to increase electricity bills for many households by 2022, with the comparison website Verivox saying the average household's cost to pay will increase from €11 to €303. This means that network costs for customers will increase by more than a third over ten years, Verivox added.
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Price comparison website Verivox says private customers paid the highest prices on record by the end of 2021, meaning Germany remains the country with the highest nominal electricity prices in Europe for households and businesses not exempt from the surcharge. And despite the additional reduced levy on renewable energy, which has reduced prices by around 11 percent, high-level sales are likely to prevail in 2022, Verivox adds.
Although the price of electricity in Germany has fallen on average in recent years, before rising in 2018 and renewal surcharges were cut from 2019, providers did not want to pass these routes on customers. According to the North Rhine-Westphalia (NRW) consumer association Verbraucherzentrale, electricity providers will use "all arguments" to increase the price or prevent the price from falling.
The Verbraucherzentrale says customers can save money by comparing prices and changing deals. German customers can choose from at least 20 different providers that cover the entire country, and more than 50 providers that serve 85 percent of all households, according to BDEW.
But there also seems to be a certain inertia among German consumers. More than half wood with long-term supply and existing contracts, although cheaper options are available, according to a survey by the Federal Association for Information Technology (Bitkom). The price differences between them can be large, sometimes reaching 20-30 percent.
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Comparison website Verivox says people in eastern Germany are particularly reluctant to switch electricity providers, even though electricity prices are on average 1.2 percent higher due to differences in the grids. Households in West Germany passed the provider slightly above the national average, while customers in the East remained well below.
In addition to switching providers, efficiency is another way that people can save money on their electricity bills. In Germany, private industries and consumers have set up saving plans to buy energy-efficient appliances or change light bulbs to low energy. In the last 20 years, German households have reduced their energy consumption by 10 percent, while this rate has increased by 20 percent in the United States. In 2014, the average German household used less than a third of its electricity equivalent, and even less than the average household in other major industrialized countries in Europe, such as France, Great Britain or Spain.
However, a 2019 analysis found that households spend around €9 billion a year by still ignoring energy-saving tips, such as using aids such as washing machines efficiently or turning off static functions. This amounts to approximately 570 euros in savings for an average 4-person family.
Although in the first honors of 2019
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