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Gas crisis: Energy provider increases prices by over 130 percent

2022-08-03T03:47:48.991Z


Gas crisis: Energy provider increases prices by over 130 percent Created: 08/03/2022 05:32 By: Patricia Huber The gas provider Rhein Energie increases the costs enormously. For customers, this means up to 1500 euros more energy costs per year - without the additional gas surcharge. Cologne – The gas crisis could soon tear a hole in many consumer wallets. Because the prices continue to rise due


Gas crisis: Energy provider increases prices by over 130 percent

Created: 08/03/2022 05:32

By: Patricia Huber

The gas provider Rhein Energie increases the costs enormously.

For customers, this means up to 1500 euros more energy costs per year - without the additional gas surcharge.

Cologne – The gas crisis could soon tear a hole in many consumer wallets.

Because the prices continue to rise due to the tense situation and the reduced delivery volume from Russia through Nord Stream 1.

As the comparison

portal Check24

reports, the wholesale price for a megawatt hour of natural gas is 171 euros.

That's a whopping 375 percent more than the year before.

And providers are now gradually passing this price increase on to their customers.

Gas crisis: provider increases prices due to enormous cost increases

The provider Rhein Energie has now announced that it will raise prices significantly.

From October 1, customers will have to pay 18.30 cents for a kilowatt hour of natural gas.

This currently only costs 7.87 cents, as reported

by focus.de

.

This means that gas at Rhein Energie will be 133 percent more expensive.

Rhein Energie cites “an almost 450 percent increase in the procurement costs for natural gas compared to the procurement period 2021/22 to 2022/23” as the reason for this. These costs could not be compensated for even by a system of “long-term, continuous procurement”.

The provider's press release also sets out examples that show who will have to pay how much more in the future:

In a Cologne apartment with an annual consumption of 10,000 kilowatt hours, the annual costs increase to around 2,002 euros (previously: around 960 euros).

In a large apartment or a smaller single-family house with an annual requirement of 15,000 kilowatt hours, the new annual costs are around 2,918 euros (previously: around 1,353 euros)

Gas surcharge is added to the increased prices

But that's not all.

Finally, the federal government's gas levy is added to this price increase.

This could mean additional costs of up to 2000 euros for households.

Rhein Energie also confirms on its website that the levy has not yet been included in the price increase that has now been announced.

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But how can consumers react to the price adjustment now?

In order not to experience an additional payment shock at the end of the year, Rhein Energie advises its customers to adjust the monthly payments.

(ph)

Source: merkur

All news articles on 2022-08-03

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