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Gas prices will increase for German residents


Gas prices will increase for German residents

Berlin, Dec 26 (Prensa Latina) Consumers in Germany expect a significant increase in gas and electricity rates in 2023, the Handelsblatt newspaper reported.

According to a study carried out by the online platform Verivox, the rise in the cost of hydrocarbons could reach 112% in 2023, despite all the measures taken by the government to limit prices.

Thus, a household with an annual consumption of 20 thousand kilowatt-hours of energy generated from gas will have to pay an annual average of 2756 euros.

This is 1457 euros or 112% more than in the fall of 2021, when tariffs began to rise.

German electricity consumers will have to pay an average of 44% more in January than in autumn 2021.

If the average family consumed about 4000 kilowatt-hours, then on an annualized basis, it will have to pay 1,764 euros.

At the same time, state intervention will make it possible to keep electricity prices down by only 5%, the newspaper notes.

The German government at the end of November approved measures to limit gas, electricity and heating prices, and the regulatory mechanism is expected to come into force on March 1 next year.

Prices will be capped for private households and small and medium-sized enterprises whose consumption is less than 1.5 gigawatt-hours per year.

The cost of gas for them will be set at the level of up to 12 cents per kilowatt-hour and for electricity, up to 40 cents per kilowatt-hour.

For district heating, the price will be capped at 9.5 cents per kilowatt-hour.

Earlier, German sociologist Ulrich Schneider said that Germany would soon become a beggar state. According to him, people who are poor in one way or another have become even poorer and do not know how they can live financially for a month.


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