All Time High: Wind & Solar Obsession Triples Power Costs to German Industry & Domestic Prices Highest in Europe

In another ‘proof is in the pudding moment’, wind and solar obsessed Germans are now paying record prices for electricity. German households suffer the highest prices in Europe. And, over the last 20 years, the prices paid by German industry have almost tripled.

Faced with the choice between going broke or going elsewhere, Germany’s world-renowned high-tech businesses are opting for the latter course.  Despite all that ‘free’ energy Germans pay some of the highest electricity prices in the world at 38c/KWh. Whereas Singaporeans use natural gas and pay 18c/KWh. Needless to say, it’s Singapore that’s becoming the landing pad for German high-tech businesses hoping to survive.

NoTicks Zone has more on the inevitable consequences of our so-called ‘inevitable transition’.

Germans Spent “More Than Ever Before”…Consumer Electricity Costs Reach Record High In 2020
No Tricks Zone
Pierre Gosselin
3 March 2021

German online public broadcasting site ntv here reports how German consumers last year spent “around 37.8 billion euros in 2020 – more than ever before.”

Citing calculations from the shopping portal Check24, the total amount paid was about 900 million euros more than in 2019.

One reason was the high consumption due to home office use. But the primary reason was because of the rising cost of green electricity.

The last time private consumption was about the same as in 2020 was in 2016. But in 2020 the electricity costs increased by a total of three billion euros.

“The average price per kilowatt hour rose from 27 cents to around 30 cents during this period,” ntv reports. “The rise in electricity costs is not only due to more frequent use of the home office during the Corona crisis. The levies and taxes included in the electricity price have risen particularly sharply in recent years.”

German consumer electricity prices are the highest in Europe. Source: Eurostat.

75% of the price are taxes, levies and surcharges 
Among the levies charged are the German EEG renewable energy feed-in surcharges, which have pushed German consumer electricity prices to around 30 euro-cents per kilowatt-hour.

According to figures from the Federal Network Agency, levies and taxes accounted for more than three quarters of private household electricity bills in 2020. According to the EU statistics office Eurostat, Germany has the highest electricity prices for household customers.

Efforts to curtail prices have failed
So painful have electricity prices become, that now the German government is contemplating changing the system of subsidizing green electricity, and Economics Minister Peter Altmaier says “it is necessary to completely abolish the levy paid by consumers,” reports ntv.

“By abolishing the EEG levy, the German government could relieve German households of around 9.7 billion euros,” says Lasse Schmid, Managing Director Energy at Check24.

Experts expect costs to climb further. “If electricity consumption remains more or less constant in 2021, this record will be surpassed again in 2021,” suspects Schmid.

German prices for industry triple
Meanwhile electricity prices for German industry have nearly tripled since 2000. According to Statista here, prices for electricity used by industry have risen from about 6 euro-cents per kilowatt-hour in 2000 to about 18 cents per kilowatt-hour today.

Also the supply of German electricity has become more unsteady as power grid operators regularly have to intervene in their struggle to keep the grid from fluctuating out of control due to the weather-dependent wind and solar energies.
No Tricks Zone

About stopthesethings

We are a group of citizens concerned about the rapid spread of industrial wind power generation installations across Australia.

Comments

  1. Reblogged this on Gds44's Blog.

  2. Peter Pronczak says:

    Talk about the blind leading the blind or is it the insane leading the crazy. Whichever it is if it isn’t stupid enough to destroy pollinating insects and calling to stop promoting methane producing cattle, it’s like spending money in the hope of creating cake that can be eaten and still have it. But apparently the world’s political leaders don’t understand the factual impossibility of what they’re physically trying to do contrary to scientific principles: As they are more interested in pleasing their financial masters who keep them in power while educating the public that they’re sillier than a two bob watch.
    As the Gadget Man on YouTube shows, battery free 240v electricity can be created from a couple of old discarded magnetic audio speakers but young kids are being brainwashed into putting together solar light packs so 3rd world kids can have ‘appropriate technology’ to study and learn what supposed 1st world advanced populations already know.
    I’d swear but so-called Christian countries start their parliamentary terms with an oath of allegiance that dates back to having already thrown the money lenders from the temple – obviously it’s a continuing lie – choose as you wish, either the existence of a temple or the baby having been thrown out with the bathwater.

    As AU’s Queensland government has shown, it’s punting on financial support from Germany’s Siemans Financial Services to continue in power by supporting its 226 wind turbine project to be sited in a state forest – obviously it’s believed, contrary to the facts, that no fire will be caused by turbine’s most common problem! Need more be said?
    Oh yeah, nothing was learned from the EU butter mountain and milk lake subsidies.

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