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Higher EEG surcharge: Electricity prices could rise

2019-10-14T15:58:33.396Z

TIME ONLINE | News, backgrounds and debates



Berlin (dpa) - Electricity customers in Germany threaten next year rising electricity prices. The EEG levy to promote green electricity in Germany is expected to amount to 6.756 cents per kilowatt hour in the coming year - currently it is 6.405 cents.

The German Press Agency learned this from well-informed circles. The levy had previously dropped twice in a row. The operators of the large power grids want to officially announce the amount of the levy for the next year on Tuesday.

The EEG surcharge is an important component of the electricity price. It accounts for about a quarter and finances the fixed fees that green electricity producers have received to feed their electricity so far regardless of the market price. However, components of the electricity price for private customers also include taxes, other levies and allocations, as well as production costs and network charges.

Overall, the comparison portal Verivox assumes rising electricity prices. In addition to the increase in the EEG surcharge, increases in the other electricity price components were also evident, said energy expert Valerian Vogel of the German Press Agency.

Network charges, which account for around a quarter of the electricity price, are also expected to increase in the coming year. The wholesale prices of utilities are also above the previous year's level. "Consumers in Germany must therefore adjust to electricity price increases again next year," says Vogel. Consumers in Germany have already paid the highest electricity prices in Europe alongside the Danes.

The German economy had already warned against a rising EEG levy. The president of the German Chamber of Commerce and Industry, Eric Schweitzer, told the dpa that cemented Germany's position as the "highest electricity price country".

Even now, the mood in the economy for the energy transition is as negative as it has not been since 2015. "Added to this is the gathering economic slowdown. This situation affects the competitiveness of Germany as a business location - and this must be taken into account when implementing the climate protection program. "It was important to relieve companies of the additional costs associated with carbon pricing elsewhere and, in particular, the electricity price.

For the companies, the commitment of the Federal Government to the planned reduction of the EEG surcharge as part of the climate package is indeed a good signal. However, the planned 2021 payback of around € 900 million a year is out of all proportion to the higher government revenues from the CO2 price for diesel and natural gas of around € 3.6 billion. "Therefore, the coalition in the EEG discharge has yet to significantly reduce its commitment to redeem the revenue from the carbon price to the economy and citizens to give back."

In return for an entry into CO2 pricing, the Federal Government plans to reduce the price of electricity. The levy to cover the costs of the Renewable Energy Sources Act (EEG) is to be lowered by 0.25 cents per kilowatt-hour from 2021 onwards and then further reduced from 2021 onwards. The coalition wants to relieve especially families and small and medium-sized companies.

Source: zeit

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