Turning point in the electricity market: After years it is finally cheaper – million still pay

The decline in the price of electricity and natural gas, is now also in the house hold in Germany. However, only in a limited scope, such as Internet comparison

Turning point in the electricity market: After years it is finally cheaper – million still pay

The decline in the price of electricity and natural gas, is now also in the house hold in Germany. However, only in a limited scope, such as Internet comparison portals have been observed. So, the experts of Verivox to determine the current a slight decrease in price this year and thus a temporary end to the record-hunting in electricity prices: The average price of 4000 kilowatt-hours decreased from January to June by 0.5 percent after prices knew since 2018 the only way is Always up.

For the customers in the basic supply of electricity, therefore, however, again more expensive, on average, by 3.5 percent. Also, the comparison portal Check24 observed an increase in the price of Electricity in the primary care: Since January 677 would have increased from approximately 900 primary care providers their prices - by an average of 6.8 percent.

the reduction in VAT makes electricity soon again cheaper

In the second half of the year, electricity is expected to fall in price because of the lowering of the VAT temporarily to all households. 1. July to 31. December 2020, the value added tax rate of 19 percent will be reduced to 16 percent. According to the calculations of Verivox and Check24, a family has to pay 15 to 20 euros less.

  • here you can read more on the topic of: cars, electricity, supermarket: So a lot of customers are not able to starting in July, thanks to Corona-billion saving

When looking at the development of the last twelve months, the price decline reflected, in contrast, still. So, the Federal Statistical office when compared to the previous year, still an increase in electricity prices for households are determined. Accordingly, the current in may was 4.2 percent higher than in the prior-year period.

Verivox The graph shows how the electricity price consists

electricity is just like Gas in primary care is generally very expensive. According to Figures of the Federal network Agency, more than a quarter of the households with electricity had a such a standard tariff, in the case of Gas, it was 18 percent.

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compare Gas a family saves on average around 40 Euro.

Also, when Gas price decreases slowly with consumers. Year-on-year, the Federal Statistical office observes a rise of 1.7 percent. According to calculations by Check24, the average price of gas has fallen, but in the first half of 2020 to three percent.

Specifically, this means that For an annual consumption of 20,000 kilowatt hours a family has to pay in June in the section 1195 Euro. In January, it was reported to be 42 Euro more.

Gas provider to save when shopping on-65 percent - and raise still prices

This, however, are Peanuts compared to the savings that the provider submit once: The procurement prices of the suppliers have decreased the Check24-according to analysts, since the beginning of the year to 65 percent. "For customers that obtain their Gas from the primary care, is not this reduction in price so far", criticizing Lasse Schmid, managing Director of energy at Check24. GAS price COMPARISON (display)

Simple cost savings

Here it goes to the cheapest gas supplier

As with the power also applies here: In the basic supply of Gas was in the first half of the year 2020 in some cases even more expensive. Of more than 700 primary care providers 52 have raised their prices since January, said Check24. The price increases in height from an average of 5.3 percent relating to almost 900,000 households.

heating oil was about 30 per cent cheaper

Verivox in his calculations, to some other Numbers. Accordingly, the average price fell at a consumption of 20,000 kilowatt-hours since the beginning of the year to 5.8 percent. "The steadily rising gas prices have fallen to the level of 18 months ago," said Verivox-energy expert Valerian bird. Such a rapid price drop, it had been the last time in 2009.

Gas is the most common heating energy in Germany. About 49 percent of homes are heated with Gas, a oil heater about 30 percent of the homes. Just as strong, so a good 30 percent, dropped, prices for heating oil in the past twelve months. With power save 1390 Euro to save Our PDF guide shows you how you can identify the power guzzlers in the household and a total of 1390 euros can save.To the PDF guide

For household energy price is now even on the year, to observe decline in the Total energy over the year, 1.8 per cent cheaper. Buy now, or not? Who asks so, has not understood the most important stock exchange rule, FOCUS Online Now to buy or not? Who asks so, has not understood the most important stock exchange rule

pom/dpa
Updated Date: 17 June 2020, 11:28

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