Assmodean t1_j40le9c wrote on January 12, 2023 at 9:58 AM

Reply to comment by Durion23 in Germany exported more electricity to its neighbours than it imported in 2022, even with an energy crisis at home, thanks to more weather-driven renewable power and greater demand from France by green_flash

Where do you guys live? My electricity bill did increase by quite a bit too but that is just about 25 bucks a month. Statistically, mine was on on the higher end of the increase in Germany, too, so I really don't get the hyperbole.

SplitToWin t1_j40m5hb wrote on January 12, 2023 at 10:09 AM

Did the german goverment not pay for the price hike and therefor took a giant deficit?

Not all europeans have their goverment pay for the price increase.

Assmodean t1_j40o6p7 wrote on January 12, 2023 at 10:36 AM

Sorry, considering we were talking about German energy prices, my thought was that they were from Germany, too.

Janni0007 t1_j40th89 wrote on January 12, 2023 at 11:42 AM

No, they capped it at a high level i think 42 ct per kwh. Prices were at 20 ct before the war

SplitToWin t1_j41xlhm wrote on January 12, 2023 at 4:48 PM

Exatcly what I wrote

Durion23 t1_j40zmrj wrote on January 12, 2023 at 12:46 PM

As it is with all these things: it’s complicated. I’m from Germany, at least. To be very brief: German Gas consumption is rather high per capita, since a lot of our homes are heated with gas only, many of our industries need gas as fuel or ingredient, whether it is for the steel industry or chemical industry and so on. Gas was meant to be a cheap bridge from coal to renewable, but because of some peculiar political decisions, the incentive to lower gas consumption just kicked into effect before the war. And price wise that only became a problem as soon as gas prices exploded and the expectation that gas could be scarce (which ultimately didn’t happen) triggered enormous prices for gas consumption, since our gas tanks are still filled with the expensive gas, even if the price sinks.

And without jeopardizing the economy, private people but the deficit as well, what the German state payed is limited and nowhere near the actually price hike especially low and middle income households are struggling to keep up with.