German Power Co. Reveal More Rate Hikes Averaging 8.1% | Climate Dispatch"Leading dailies in Germany are reporting today that power companies across the country will be hiking electricity prices once again in the February to April period, affecting millions of households.
This comes at the heels of a January price hike.
“The wave of electricity price increases in Germany is not abating. According to figures from the comparison and brokerage portal Verivox, 86 utilities have announced average price increases of 8.1 percent for the months February to April,” writes Germany’s flagship Frankfurter Allgemeine Zeitung (FAZ) here.
“For a family with an annual consumption of 4000-kilowatt hours, this would mean additional costs of around 100 euros per year.”
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