Gas prices fell three percent in 2017

Gas suppliers received an average 3.42 cents per kilowatt hour for the gas they sold to final consumers in 2017, a decrease of three percent on 2016. Germany’s statistics office said households on average paid 4.96 cents, a decline of 4.4 percent. Industry prices remained largely unchanged at 2.43 cents per kilowatt hour.
The average household power price in Germany is currently almost 30 cents per kilowatt hour. Many energy experts consider this large price difference a major obstacle to using renewable power in other sectors, such as heating and transport.

Read the press release in English here.

For background, read the factsheets What German households pay for power and Sector coupling – Shaping an integrated renewable energy system, as well as the dossier The role of gas in Germany’s energy transition.