Sunday, November 27, 2022

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EnBW significantly increases gas prices

EnBW only raised gas prices in the summer. Now there is another strong customer benefit.

Just a few months after the latest strong hike, energy supplier EnBW is hitting gas prices hugely. As of December 1, prices for basic services will increase by an average of 38%, as announced by the company in Karlsruhe on Tuesday. In July, the increase was almost 35%.

“As soon as the proposals of the

The commission of experts set up by the federal government to cushion rising energy costs is specifically designed and anchored in the law, EnBW will take this into account in pricing, “he said.

The costs for which EnBW procures the gas are still very high due to the Russian war of aggression in Ukraine, the supplier explained. The previous average price on wholesale markets for the current year has increased fivefold, sometimes even tenfold. Even after the price increase, the gas price at EnBW is still below the market average.

According to a sample calculation, a household with an annual consumption of 20,000 kilowatt hours must expect additional costs of around 64 euros gross per month. Value added tax, which has fallen to seven per cent since the beginning of October, is already included and is holding back the increase.

Unlike other suppliers, EnBW had not yet collected the gas procurement tax which was subsequently withdrawn. Therefore, there would be no changes in the price of gas.

EnBW only raised gas prices in the summer. Now there is another strong customer benefit.

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