In no other country is electricity as expensive as in Germany. Tendency for electricity requirements and price: rising! But why is the electricity price in Germany so much higher than abroad?
In international comparison, Germany takes first place when it comes to the highest electricity price. In addition, the electricity price in Germany in 2021 is as high as it has been in twelve years. But how exactly the price of electricity is actually composed in Germany and what affects it?
Electricity price for household customers has three main components
According to Eon, the electricity price for German household customers is made up of three main components: 24% of the price come from electricity shopping, service and sales. The purchase price depends on the market and is bought on the stock exchange as cheaply as possible. According to Eon, this is the only proportion that can be influenced by the energy groups. 25% are necessary for network charges and meters. These costs are regulated by law. They would be collected by the network operators and passed on to electricity customers via electricity prices. According to Eon, the remaining 51% consist of taxes, levies and levies.
BDEW 02/2021 German electricity is twice as expensive as abroad: that’s the reason
Development of the price composition depending on individual components
Depending on the development of the individual price components, price increases or price reductions occur, according to the explanation on Eon’s homepage. Since 2000, investments in a sustainable and climate-friendly energy supply have been responsible for an increase in the state-regulated delivery and composite shares of approx. 210%. In particular, the EEG surcharge (Renewable Energy Sources Act) play a role in the development of the electricity price. The expansion of renewable energies is financed in particular.
A forecast for further electricity price development is difficult. Due to increasing network charges and EEG surcharge, a further increase in costs must also be expected in the coming years. At the same time, according to Eon, investments in renewable energies would continue to be noticeable in the price.
More on the subject:
Electricity prices continue to rise: Economist explains whether you are still worthwhile
Germany compared to other European countries
In 2021, the German electricity price is an average of 31.9 cents. But how does it look in other European countries? Our Austrian neighbors are currently at an average of 22.2 cents per kWh – almost 10 cents below the German average. At 18.3 cents per kWh, Norway is far below the German average price. 95 percent of their energy obtain the Scandinavians from hydropower, 3.5 percent from wind power. In nuclear -friendly France, the average price per kWh is currently 19.3 cents. However, our French neighbors are currently threatened with a prices explosion that is only prevented by the government – for the first time. Spain continues to focus on the expansion of solar power and is currently on a average price of 23.2 cents per kWh. If you are also interested in a photovoltaic system, we have a detailed report on the best solar system providers 2021.
Green electricity comparison: these are the best tariffs
Anyone who fills up their electric car with eco-stream drives particularly environmentally friendly. But the crux: there are over 8.000 green electricity tariffs in Germany-and not every provider also has really green electricity on offer. Site separates the chaff from wheat and introduces the five best tariffs.
Ecostrom comparison 2021: The most important providers at an overview
This article was written by Carina Dietze
The original to this post "German electricity is twice as expensive as abroad: that’s the reason" comes from site.
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