Friday, April 27, 2012

Renewable Surcharge Inflation on Germany's Horizon

Decades after introducing feed-in tariff programs, Germany remains unable to contain inflation in residential electricity pricing through the renewables surcharge - that component of German's bills is again set to increase 33-50% next year.

Handelsblatt: Another Considerable Rise of EEG Surcharge on the Horizon « German Energy Blog:
"The surcharge or reallocation charge for renewable energy sources pursuant to the Renewable Energy Sources Act (EEG) may rise from  3.592 ct/kWh in 2012 to between 4.8 to 5.2 ct/kWh in 2013, the newspaper Handelsblatt reported.
With the EEG surcharge, consumers pay for the difference between the guaranteed feed-in tariffs paid pursuant to the EEG for renewable energy fed into the grids and the sale of the renewable energy at the EEX energy exchange by the TSOs. The complex system of the sale of the renewable energy by TSOs and their compensation is laid down in AusglMechV and the corresponding AusglMechAV.
A 33% rise of the EEG reallocation charge to 4.8 ct/kWh would be another considerable increase of the total costs of roughly EUR 13 billion, Handelsblatt says (for the exact costs in 2011 please see here). While the EEG surcharge only rose slightly from 3.53 ct/kWh in 2011 to 3.592 ct/kWh in 2012, it already increased by 72% in 2011 (2010: 2.047 Cent/kWh)."
Read the full article at the German Energy Blog.

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