Monday, May 27, 2013

EU household electricity bills jump once more

Renewables icons Germany and Denmark have among the highest energy rates in Europe, while their northern neighbours, blessed with hydro reservoirs and connections to Germany and Denmark, are seeing rates drop.

EU household electricity bills jump once more | Business | DW.DE | 27.05.2013:

Households across almost the entire European Union have had to pay more once again for the use of electricity, according to the EU statistics agency. Eurostat says residents in Germany were among those hit hardest.
In the second half of last year, electricity bills in the 27-member European Union rose by another 6.6 percent (including taxes) from the level reached in the same period a year earlier, the statistics agency Eurostat said on Monday.
Gas prices even jumped by 10.3 percent in the final six months of 2012. The average EU household paid 19.7 eurocents per kilowatt hour, while one kWh cost as much as 26.8 eurocents for German consumers.
Germans thus had to foot the third highest electricity bills in the bloc, less only than the Danes and Cypriots.
Heterogeneous picture
By contrast, citizens in northern Europe saw their electricity costs falling over the same period. In Sweden for instance electricity was cheaper by almost 5 percent, while in non-EU nation Norway costs dropped by almost 10 percent.
Read the entire article at DW.DE

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