2024-10-01 17:55:10
Energie
Economy

Electricity Costs Create a Divide Among Households

Image used under license from Shutterstock.com

In Germany, electricity prices are seeing a significant divide. While new customers can benefit from lower rates of 25 cents per kilowatt-hour, about 25% of households still pay over 44 cents per kilowatt-hour due to their reliance on basic supply tariffs.

Regional suppliers are passing on high procurement prices and increasing network costs, leading to these elevated rates. Most basic supply tariffs are above the gas price cap, and even with announced reductions of 11%, prices remain high.

Consequently, switching providers is strongly recommended for those on basic supply to reduce their energy bills. This disparity highlights the need for consumers to explore options and potentially change providers to avoid paying excessively high electricity rates.

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