Whoopee! The Electricity Prices Are Going Up Again!

Seven percent in the coming year! For starters.

Strom

Hot dog. And all because of the The German Renewable Energy Act.

And this act kind of goes like this: Every kilowatt-hour that is generated from renewable energy facilities receives a fixed feed-in tariff. Renewable energy plant operators receive a 20 year, technology specific, guaranteed payment for their produced electricity. Anyone who produces renewable energy can now sell his ‘product’ for a 20-year fixed price.

And who pays this tariff? You guessed it.

Die EEG-Umlage steigt im kommenden Jahr voraussichtlich um einen Cent je Kilowattstunde.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: