Basic Utilities Expensive

The prospect of falling electricity prices will no longer make currently up to 400 euro price difference between basic suppliers and alternative party Berlin, May 14, 2009 for most consumers in Germany this year. Since the beginning of the year increased the cost of electricity at about 720 basic utilities to an average of 8.2 percent. In addition, that the two biggest power companies, E.ON and RWE, consider the ability to price reductions only in the medium term but only under the condition of sustained low cost. Even the next price increase by almost 8 per cent in the House is the customers of EnBW, the third force in the German electricity market, in July. However, can consumers easily against high electricity prices to defend and through a switching their electricity costs already in the short term greatly reduce. Here, according to a recent analysis of the independent consumer portal toptarif.de can be save up to 40 percent of annual electricity costs. As our price comparison between the 75 largest German Electricity suppliers and alternatively available competitors shows immense benefit consumers by increasing competition in the German electricity market”, explains tariff expert Thorsten Bohg by toptarif.de. Himself who is already at the lowest tariff of its local utility company, through a provider change at an annual consumption of 4,000 kWh of electricity can save an average of 117 euros.

With annual payment of electricity the average by even cheaper deals even to 265 euros costs.” Table: the possible savings potential is electricity prices of the 75 biggest German suppliers and alternative providers in some regions significantly higher, such as for E.ON Avacon customer in Saxony-Anhalt. Here, a sample budget must reckon with a consumption of 4,000 kWh of electricity with annual costs of currently 1.019 euro at the lowest available tariff (without social discount). When changing to the most affordable competitors, only 817 euros are due. The decision on an offer with annual Payment, so doubles the possible savings from 202 euros to 404. Similarly large price differences between the basic providers and the cheapest alternative vendors show up especially in the new Lander in the large regional utilities E.ON edis and the RWE daughter enviM as well as the N-ERGIE in Bavaria”, adds Bohg. Also here the savings are well over 30 per cent.” Already about 8 million households of German households have exercised increasing in the last years of the possibility of a free choice of supplier tendency. Ultimately the General inclination of the consumer to the switching of power, i.e. the willingness to abandon his previous providers, a massive influence on the competitive prices has”clearly Bohg. Just where the competition is the hardest, customers can benefit today from a low price level.” Through consumer portals such as toptarif.de (www.toptarif.de/ power) or free service hotlines as