The EEG surcharge will be eliminated, which brings consumersEnglish 

The EEG surcharge will be eliminated, which brings consumers

It was supposed that it would be a big step – the elimination of EEG surcharge. But is it enough to curb inflation in energy markets?

It almost overshadows the gas crisis, the elimination of the EEG surcharge. From Friday (July 1), electricity subscribers will no longer have to pay for green electricity subsidies at their own expense. The federal government is talking about significant relief.

Experts say. this only slightly alleviates the sharp rise in energy costs. For a long time there was a discussion about how citizens can relax more, how to save energy. And what will happen if Russia soon stops supplying gas completely and prices continue to explode?

Introduced in 2000

A levy on the Renewable Energy Law (EEG) was introduced in 2000 to finance the development of wind farms. Until now, it was 3.72 cents per kilowatt hour. In fact, the tariff should not be abolished until the beginning of 2023, but the coalition preferred it because of the rapidly rising energy costs. This is intended for consumers և companies that have previously paid the full fee. Companies that use high electricity costs only have to pay a reduced fee. There are legal requirements to ensure that the surcharge reduction is passed on from energy suppliers to consumers.

But what does elimination bring to the finish line? “Unfortunately, the 3.7 cents drop in electricity prices as of July 1 due to the completion of the EEG surcharge is a little more than a drop in the ocean, given the current developments in the energy markets,” Kerstin said. Andrea, President of the Federal Energy and Water Management Association (BDEW). Wholesale electricity prices have risen sharply over the past year and a half, and the aggressive Russian war in Ukraine is exacerbating the situation.

“The longer the price level stays so high, the less energy suppliers can offset the increase in costs through prospective purchases, the more they will be reflected in consumer prices.” “Eliminating the EEG surcharge alone will not alleviate that.”

Elimination frees up private households

The cancellation of the EEG surcharge is at least a bit of a relief for private households in these difficult times, especially as VAT is steadily declining, says Thomas Engelke, an energy expert with the Federal Association of Consumer Organizations. Electricity bills for households with an average electricity consumption of 3,500 kWh per year will be reduced by 154 euros per year or 77 euros per year for the second half of 2022. “However, it cannot be ruled out that the electricity suppliers will still decrease! to increase the electricity tariff after the elimination of EEG. However, it would not be serious if the suppliers did it immediately after the elimination of the EEG surcharge. ”

Electricity prices on the stock exchange have risen due to rising prices for coal, gas and CO2, fossil fuels are raising the price of electricity, says energy expert Claudia Kemfert from the German Institute for Economic Research. “Electricity companies will disproportionately increase these increases, so a reduction in the EEG surcharge will only lead to a less sharp rise in electricity prices.”

Electricity prices are on the rise

In the medium to long term, the end of the EEG surcharge will have the effect of lowering prices at best, as electricity prices have been rising steadily since last fall, says Thorsten Stork, energy expert at Verivox Comparative Portal. . “By the end of the year at the latest, we expect to see an increase in electricity prices for millions of households.”

According to Stephen Sutner, Managing Director of Energy at Check24 Comparative Portal, further government action could completely absorb the price increase, in particular the reduction of the electricity tax, the reduction of the electricity and gas VAT.

It will cost billions. In the coming year, however, the debt brake anchored in the constitutional law ժամանակ suspended during the epidemic must be maintained again, says Finance Minister Christian Lindner (FDP). The ministry said budget freedom had also been curtailed by the federal government over higher interest rates.

dpa:

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