2017 will be most expensive year for power for German households
Verivox
Household electricity costs will reach a high in 2017, price comparison site Verivox has calculated. The average annual price per kilowatt-hour (kWh) will be 28.18 cents, 3 percent more than in 2016 and up from 17.81 cents in 2004. This means a family of three with an annual consumption of 4,000 kWh will pay around 30 euros more for electricity in 2017, the authors say. The power price has risen because of costs for grid expansion and renewable installations, Verivox says. It adds that consumers could save around 400 euros per year by switching to cheaper suppliers.
Read the press release in German here.
See a CLEW factsheet on what German households pay for power here.
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