Wednesday, July 22, 2026

German households pay a lot of electricity bills

HIn a global comparison, those who stay in Germany continue to pay high fees for electricity. This is the evaluation result of the comparison portal Verivox in the second quarter of 2021. therefore, Electricity price According to a report by Verivox, Germany ranks 15th in international comparisons, taking into account the relatively high purchasing power of Germany. “No other G20 country has more expensive electricity bills,” it said.

Italy and the United Kingdom follow closely behind the most important industrialized countries and emerging country groups. After adjusting for purchasing power, Rwanda’s electricity bill is the most expensive, followed by Mali and Burkina Faso. A year ago, in an earlier assessment, Germany’s electricity price was the highest among the G20 countries, ranking 16th. Der Spiegel reported on the current assessment on Monday. The assessment is based on data from the “Global Gasoline Prices” energy price data portal.

A record high in October

According to the Federal Energy and Water Management Association, half of the current electricity price comes from taxes and tariffs. The grid operator gets a quarter of the price. The remaining quarters go to power suppliers for purchase and sales.

According to the calculation of the comparison portal Check 24 Electricity prices hit a record high in October 2021. Extrapolating the average price to one year, the annual cost of a model family with an annual electricity consumption of 5,000 kWh is 1,556 euros. This is equivalent to an average price of 31.1 cents per kilowatt hour. It is 1467 Euros in October 2020.



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