“Power remains expensive for the consumer”
Dpa-AFX
The cost of electricity for final consumers remained high in the first half of 2016 as most suppliers raised their tariffs despite low wholesale power prices, writes dpa-AFX. One reason was the expensive grid expansion needed for the renewables development in Germany, according to Jan Lengerke of the comparison website Verivox. This situation would probably remain the same in the second half of 2016 as the Renewable Energy Act (EEG) surcharge and grid fees were likely to rise, said Lengerke.
Read the article in German here.
Read a CLEW factsheet on power prices for consumers in Germany.
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