Spiegel: The new year will start for many Germans with a sharp rise in electricity prices.
Residents of Germany in the new year will have to face a massive and sharp increase in electricity prices, according to an article by Spiegel.
“In Cologne, for example, the supplier Rheinenergie will charge more than twice as much per kilowatt-hour for basic supply from January,” the magazine clarifies.
According to the publication, Germans will face “high market prices” and the new year will start with a massive increase in electricity prices.
“If the customer consumes more, he pays the regular contract price. This should provide an incentive to save”б the newspaper notes.
The energy crisis in Europe, provoked by anti-Russian sanctions, is forcing more and more electricity suppliers to shift the increase in wholesale prices to end consumers, the publication concludes.
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