Maybe reaching 0.02 €/kWh? I have to pay 0.0504 €/kWh right now in Germany.
Edit: sorry, my numbers are off by one digit. I have to pay 0.504 €/kWh of course unfortunately
Yes, figured as much. The good news is that your WiFi router is still cheap. The bad news is that 0.50 €/kWh is going to make it an interesting winter.
Daily variable prices are around €1 per kWh, longer term (usually 3 or 6 months) variable between .7 and .8. Considering the current market expect it to rise more.
Do note: you get quite a lot back in tax returns which are calculated at payment at the end of the month, semester or year depending on the contract type. In most countries these are already deducted in the kWh price so there is a discrepancy there comparing for instance Germany with the Netherlands. Expect around €0.5 to €0.7 depending on the contract in the end.
I'm not going to hold my breath but thanks for the small bit of hope. Right now, Vatenfall is quoting my payment at £400/mo for a new build 89m2 apartment. Considering my 4100/mo salary and rent, it doesn't leave a ton left over to pay for other basic necessities like food, mandatory health insurance, transportation to and from work (20 miles away) and other living expenses.
I leave next Monday, so I'll find out more really soon!
Quite impossible, except if you run a steel mill or something. End-user prices for electricity have been >0.20Eur/kWh for around 10 years now, currently approaching >0.40Eur/kWh (sometimes even more).
See e.g. some comparison website like verivox.de (beware the dark patterns, use "Postleitzahl" 20095 for Hamburg center).
Edit: and those are 2022 prices, usually most suppliers have a 12month fixed price which changes on 1st of January. So all the current price hikes in power and gas will only be priced in in 2023, current offers usually don't include those yet.
Yes, but the parent post specifically referred to Germany. And due to taxes, renewable subsidies in the range of 3 to 10ct/kWh (which every household pays (but not all industries)) and sky-high generation prices due to prematurely switching off cheaper power plants like nuclear and coal in favour of far more expensive gas (even back then), Germany has had far higher household electricity prices than most of Europe.
