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Electricity price shock: Where it pays to change providers

2023-01-13T10:26:58.377Z


Electricity price shock: Where it pays to change providers Created: 01/13/2023 11:13 am By: Wolfgang DePonte The electricity price atlas provides information about the prices in different regions of Germany. © Jan Woitas/dpa Electricity is expensive – but not the same everywhere. This is shown by the electricity price atlas. When comparing tariffs, you shouldn’t just keep an eye on the price.


Electricity price shock: Where it pays to change providers

Created: 01/13/2023 11:13 am

By: Wolfgang DePonte

The electricity price atlas provides information about the prices in different regions of Germany.

© Jan Woitas/dpa

Electricity is expensive – but not the same everywhere.

This is shown by the electricity price atlas.

When comparing tariffs, you shouldn’t just keep an eye on the price.

Munich - The electricity prices in Germany are extremely different.

This emerges from the current electricity price atlas of the comparison portal Stromauskunft.de.

Depending on the region and provider, the tariffs in Bavaria also vary greatly.

Energy prices have been a particular focus of consumers for months.

Many are concerned that they will no longer be able to shoulder the costs.

This also applies to electricity.

Many energy suppliers have recently had to drastically increase their tariffs - also because they have to buy or produce electricity themselves at high cost.

Without the electricity price brake, electricity currently costs an average of 47.72 cents per kWh for new contracts in Germany (as of January 11) in the basic supply, Stromauskunft.de has calculated.

In the cheapest electricity tariff outside of the basic supply, the costs are 43.01 cents per kWh.

On average, the prices are just above the price cap of 40 cents per kWh due to the electricity price brake.

Electricity price atlas shows clear differences in Germany

For comparison: In November 2021, electricity in the basic supply in Germany still costs an average of 34.75 cents/kWh).

“Just a few weeks ago it was the case in almost all of Germany that the basic service tariffs were the cheapest tariffs on the market.

That has now changed again due to the numerous price increases by the basic suppliers," says Jörg Heidjann, energy expert from Stromauskunft.de.

Depending on the federal state and place of residence, however, there are significant price differences.

In Brandenburg, Mecklenburg-Western Pomerania, Schleswig-Holstein, Thuringia and Saarland, prices for basic services are well above the national average.

In Bavaria, Berlin, Bremen, Hamburg and North Rhine-Westphalia, however, below that.

Electricity prices: In some communities it is worth changing providers, in others it is not

Very important: When comparing tariffs, you shouldn’t just keep an eye on the price.

The Verbraucher-Zentrale Nordrhein-Westfalen points out that low-cost providers try to lure people who are willing to switch with particularly favorable conditions in the first year, but then often become all the more expensive in the second year in order to compensate for the losses.

Such tariffs, so the conclusion, are therefore worthwhile “only for flexible customers who are willing to switch”.

A closer comparison often shows that the tariffs of the discounters are not as cheap as they appear at first glance.

"Because the conspicuously low prices are mostly due to the fact that the providers promise various bonus payments and include these in the total price for the first year."

Expert Jörg Heidjann recommends taking a close look at the providers and comparing them.

There are often premium providers that are hardly more expensive.

In many districts in Upper Bavaria, consumers can save themselves the comparison.

Because the basic supplier is often cheaper anyway.

By the way: With an annual consumption of 3500 kWh and a price of 47 cents, you save around 196 euros a year thanks to the electricity price brake - the monthly down payment would be reduced by 16.33 euros.

Source: merkur

All news articles on 2023-01-13

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