German Electricity Rates Climb To ‘New Record Highs’, Jolting Consumers
More pain for consumers. Electricity prices in Germany climb to a new high, reaching 30.85 cents (euro) per kilowatt-hour. Experts warn transition to green energies may lead to shortages, higher prices.
German online national daily Die Welt here reports on how electricity prices in the country have reached “a new high” and that natural gas prices are high as well.
The German national news daily writes: “Electricity has never been as expensive for private households in Germany as it is this year.”
“Prices have risen to a new high,” Die Welt reports, citing the latest data from German Federal Network Agency.
For the first time, electricity prices for consumers reached 30 cents (euro) per kilowatt-hour, making German electric prices among the highest in the world.
Citing data from the Federal Network Agency, the average price soared to 30.85 cents (euro) per kilowatt-hour, which works out to be an increase of almost 3.3 percent compared to just a year earlier.
Last year the average price for one kilowatt-hour was 29.88 cents.
According to Die Welt: “The Federal Network Agency evaluates the data of well over 1000 electricity suppliers.”
Why is electricity so expensive in Germany?
The Federal Network Agency puts the blame on the electricity wholesalers who, according to Die Welt, “pass on increases to the electricity exchange.”
And an end in the rising price spiral remains elusive, experts warn.
“Wholesale prices for electricity could continue to rise,” Die Welt reports. Large power producers such as RWE warn that future plant closures due to the transition to green energies and the phasing out of the country’s nuclear power plants will “lead to a shortage.”
Die Welt ends its article: “The largest block on the electricity bill, however, are taxes, levies, and allocations, which account for more than half of the total price.”
One major price driver is the mandatory, exorbitantly high green energy feed-in tariffs that grid operators are forced to pay.
Read more at No Tricks Zone
Source: https://climatechangedispatch.com/german-electricity-rates-climb-to-new-record-highs-jolting-consumers/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,706,222,327 |
| Stories: | 8,444,867 |
Whistler Blowers, Insiders
