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Gas and electricity prices in Germany rose by 46.6 and 18.6%

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German news agencies report sharp increases in gas and electricity prices for consumers.

Gas prices rose by 46.6%, and electricity by 18.6%. At the same time, experts predict the same sharp increase in tariffs next year. Journalists calculated the expenses of the German family.

The increase in prices for gas and electricity by 46.6 and 18.6%, respectively, is not the limit and the situation may repeat itself next year, reports.

It is estimated that at the beginning of the year, a German family paid 1,171 euros per year for 4,000 kilowatt-hours of electricity consumed per year.

After the December price increase, this figure increased by more than 200 euros and reached 1,386 euros.

Media reports that 280 of 800 local electricity suppliers intend to increase the cost of their services over two months by 7.6% on average.

As for the cost of gas, German families will now pay 542 euros more compared to what they paid a year ago.

515 German suppliers of blue fuel predict a price increase of 23.1% in January-February next year.

Representatives of the energy industry call the development a shock for most German families.

Due to rising gas prices in Europe, 7 German energy companies have declared partial bankruptcy.

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Vadim M
I'm Vadim, an author of articles about useful life hacks. I share smart tips with readers that help improve their daily lives.