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by hnbad
615 days ago
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FWIW there was a huge surge in energy costs following the war in Ukraine (due to the reduction in supply of Russian gas) which was dampened by the government with a subsidized price cap at 0.40€/kWh - for consumers anyway, as far as I'm aware there were different subsidies for industry. But consumer prices have largely stabilized at a range of 0.25€ - 0.35€ although you'll also find some prices listed as low as 0.20€ or less if you are willing to price hop a lot. Apparently there will also be price cuts in the North and East of Germany as well as Bavaria in the near future but I don't know the specifics of that. |
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And due to the fact that they decided to shut down the last nuclear power plants directly after that, which further reduced supply and until today I consider this one of the most stupid political decisions ever made.