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Interactive Map: Electricity prices rose the most in Hamburg

2019-10-16T07:26:24.623Z


On average, German consumers pay almost € 300 more for electricity than they did ten years ago. The following interactive map shows how prices in your state have developed.



Electricity prices rose by around 32 percent in the past decade. This emerges from an analysis of the consumer portal Verivox, which is the SPIEGEL. A sample household with a consumption of 4000 kilowatt hours per year paid in October 2019 therefore on average 285 euros more for electricity than in October 2009.

The price surge in electricity was twice as strong as inflation overall, according to Verivox. In recent years, however, the rise in electricity prices has weakened. From 2009 to 2014, the cost would have increased by more than 25 percent, since then, only by five percent.

The regional price differences are enormous according to Verivox: While the electricity costs in Saxony-Anhalt have risen by 21 percent, Berlin has recorded a price increase of 55 percent. In Hamburg, it was even just under 60 percent.

In 2009, electricity prices in Berlin and Hamburg were still below the national average; In 2019, the city states were now among the three most expensive federal states.

The price level in East and West Germany has however adjusted. In 2009, electricity customers in eastern Germany averaged about eight percent more than in West Germany. In October 2019 it was only 0.4 percent more.

The convergence is primarily due to the evolution of electricity network charges. While these have stagnated in the new Länder since 2014, they increased in the old federal states in the same period by about 12 percent.

Overall, electricity is currently more expensive than ever, writes the consumer portal. In October, a kilowatt hour in the German average cost therefore 29.46 cents.

The rise in prices is likely to continue in the coming year. The levy to promote green electricity will rise by more than five percent in the coming year. Network charges will also be higher next year, according to preliminary forecasts.

In principle, electricity suppliers are free to pass on the rising fees to their customers - and if so, how much of it. From a purely mathematical point of view, consumer prices could rise by more than 50 euros. (Example calculations can be found here.)

Source: spiegel

All business articles on 2019-10-16

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