High procurement costs
EnBW raises electricity prices – and rewards gas savings
08/05/2022, 1:55 p.m
The utility EnBW, like many in the industry, is turning the price screw. On average, the premium is more than 30 percent. However, it is reduced due to the elimination of the EEG surcharge. The company also wants to reward savings.
From October, EnBW electricity customers will have to pay almost a third more for household electricity on average. The company announced in Karlsruhe that the prices in the basic supply tariff would increase by an average of 31.1 percent due to increased procurement costs, among other things as a result of the Ukraine war and the throttled gas supplies from Russia.
“If you take into account the relief resulting from the passing on of the elimination of the EEG surcharge, the price level is 15.2 percent above the previous year.” The tariffs beyond the basic service increase according to the information to a similar extent. EnBW’s price adjustment is in the middle of the market. The energy supplier announced that no price adjustments are currently planned for heat flow.
EnBW is aware that this price increase represents a financial burden for customers, said Colette Rückert-Hennen, the board member responsible for sales. “Nevertheless, it is not possible for us to maintain our current prices. The reason for this is the massively increased costs on the energy market.” EnBW has reduced electricity prices twice since 2020.
Rückert-Hennen announced that the electricity and gas supply should not be turned off in winter for financially heavily burdened households. “Because we want to prevent them from getting into an additional emergency situation as a result of the closures,” said the board member. Other solutions would be sought here in coordination with political measures.
According to the information, EnBW is also planning a one-off gas savings bonus of EUR 100 for existing gas customers who use at least ten percent less gas than in the heating period of the previous year.
The “Stuttgarter Zeitung” and the “Stuttgarter Nachrichten” told Rückert-Hennen that as unpredictable as the situation on the energy markets is at the moment, “unfortunately I cannot rule out that further adjustments will be necessary”.