Thank you Energiewende (transition to green energies). Germany’s electricity prices have soared 27% over the past decade and are still rising. 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 past 10 years. Latvia and Great Britain electricity prices rose 55% and 46%, respectively, over the past 10 years.
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%.”
Poland, which uses lots of coal, has a low electricity cost. Renewable sources of electricity, popular in Germany, are expensive.
Sorry that the chart below is in German, but Germany (Deutschland) is listed as number one for expensive electricity.
