German Electricity Prices Soar, Now Most Expensive In Europe …Taxes, Green Surcharges Make Up 53.6% Of Price!

Thanks to the Energiewende (transition to green energies), which is tantamount to a vegan energy diet, Germany’s electricity prices have soared 27% over the past decade to become the most expensive in Europe, if not the world, according to the STROM-REPORT.

Taxes, surcharges and a catalogue of other fees make up 53.6% of Germany’s electricity price, only Denmark has a higher share at 67.8%. Only five European countries have seen electricity prices drop over the last 10 years.

Soaring prices in Latvia and Great Britain

No country has seen electricity rates rise more than in Latvia and Great Britain, where the price has risen a whopping 55% and 46% respectively over the past 10 years.

What’s behind the high electricity prices? According to the STROM-REPORT: “The biggest intra-European differences are caused by taxes and duties. The EU average is 36.6%. But the values vary from country to country and are highest in Denmark with 63.7%. In Germany, where the government-induced price components also account for more than half [52.3%] of the price, the EEG levy, which enables the expansion of renewable energies, is included at 21.5%.”

via NoTricksZone

October 6, 2020 at 10:32AM

Author: uwe.roland.gross

Don`t worry there is no significant man- made global warming. The global warming scare is not driven by science but driven by politics. Al Gore and the UN are dead wrong on climate fears. The IPCC process is a perversion of science.