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German Power Prices Soar; Taxes, Green Fees Make Up 54% Of Cost

by Pierre Gosselin
October 07, 2020, 9:12 AM
in News and Opinion
Reading Time: 1 min read
A A
8

merkel solarThanks to the Energiewende (transition to green energies), which is tantamount to a vegan energy diet, Germany’s electricity prices have soared 27% over the past decade to become the most expensive in Europe, if not the world, according to the STROM-REPORT.

Taxes, surcharges, and a catalog of other fees make up 53.6% of Germany’s electricity price, only Denmark has a higher share at 67.8%.

Only five European countries have seen electricity prices drop over the last 10 years.

Soaring prices in Latvia and Great Britain

No country has seen electricity rates rise more than in Latvia and Great Britain, where the price has risen a whopping 55% and 46% respectively over the past 10 years.

Source: Infografik “Strompreise in Europa 2020”, STROM-REPORT.de, Creative Commons License CC-BY-ND

What’s behind the high electricity prices? According to the STROM-REPORT:

“The biggest intra-European differences are caused by taxes and duties. The EU average is 36.6%. But the values vary from country to country and are highest in Denmark with 63.7%.

“In Germany, where the government-induced price components also account for more than half [52.3%] of the price, the EEG levy, which enables the expansion of renewable energies, is included at 21.5%.”

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Comments 8

  1. Dr Tim Ball - Climatologist says:
    5 years ago

    Book ‘The Deliberate Corruption of Climate Science’.

    Book “Human Caused Global Warming”, ‘The Biggest Deception in History’.

    https://www.technocracy.news/dr-tim-ball-on-climate-lies-wrapped-in-deception-smothered-with-delusion/

  2. Gumnut says:
    5 years ago

    I see that the Danish wind generation experiment is also a dud. If it doesn’t pay there, where will it?

    • Gumnut says:
      5 years ago

      Meanwhile, former Eastern bloc countries like Hungary and Bulgaria are doing far better.

  3. Spurwing Plover says:
    5 years ago

    The German’s having to pay a higher price to appease the Eco-Freaks and back to Nature jerks I want Ma Nature to giving the Eco-Freaks a surprise this winter with Blizzard

  4. LS says:
    5 years ago

    In Peoples Republik of Kalifornia energy prices double compare to Florida.
    How stupid the people who are living over there?

  5. JatPee says:
    5 years ago

    Obama was a disgusting lying worm.

    But even he admitted energy rates would
    ” Skyrocket. “

    • pat Roy says:
      5 years ago

      Was?

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