Electricity is as expensive as never before

The electricity prices in Germany have risen to a record high: A kilowatt-hour of electricity currently costs 29,42 cents. The reason is the increase in the wholesale prices for electricity increase in electricity prices, a relief to the households is in sight. the

power for private households in Germany has never been as expensive as these days. In the nationwide average cost of a kilowatt-hour of electricity currently 29,42 cents, the comparison portal Verivox. Also Check24 reported a record average price of Electricity, which had increased in March for the seventh month in a row.

In the first three months of this year have increased, according to Verivox, about two-thirds of the 826 utilities in Germany, prices increased by an average of five percent. For a Three-person household with an annual consumption of 4000 kilowatt-hours cost of about 60 euros in the year. For April and may, accordingly, a further 62 utilities price have announced increases. This trend is not according to the experts, for the time being in sight. Check24 from the primary care "first of all, a further increase in electricity prices".

The consumer to the 2018 increase in procurement are currently getting with some delay, prices of utilities. According to Figures of the Federal network Agency, the wholesale price of electricity in the past year was about 30 percent above the average price of the previous year.

The costs of procurement itself, according to industry figures, only about 18 percent of the retail price. Greater weight on the total price, network charges, renewable energy charge, and taxes and levies. At this point, could, in the future, a discharge of the households with rising electricity prices: The coal Commission has proposed that the Federal government by 2023 to private people and companies a grant to the network charges to pay.

After all: In the past few months, the price increase already slowed a bit. "Since the peak in October 2018, the price has dropped at the Leipzig electricity exchange for delivery in the year 2020 to about ten percent," said Fabian Huneke from the Berlin-based consulting firm Energy Brainpool. Even more have given in to the cost for coal and Gas. You fell in the same period by 20 per cent, as the demand for coal on the world market is currently significantly lower than it was even three years ago, expected, said Huneke. "The price hit on coal." Also, after the warm Winter in Germany this time of year, unusually well-filled gas storage had a price-dampening effect.