EEG surcharge to decrease slightly in 2018 – renewables organisation
For 2018, the German Renewable Energy Federation (BEE) projects a slight decrease in the country’s levy to finance renewables expansion, the organisation says in a press release. The Renewable Energy Act (EEG) surcharge will drop to about 6.71 euro cents per kilowatt hour (ct/kWh), from the current 6.88 ct/kWh, writes BEE. Rising wholesale power prices would lower the support payments to renewable power producers. Furthermore, Germany’s “green energy account” has had a large surplus, which could be used to lower the levy on consumers. BEE calls for a CO₂ price to lower total electricity prices for consumers further. Back in September, the think tank Agora Energiewende* projected a similar figure – 6.74 ct/kWh - for the 2018 levy.
Find the press release in German .
For background, read the 淨 factsheets Defining features of the Renewable Energy Act (EEG) and What German households pay for power, and the news digest entry Renewables levy to decrease slightly in 2018 – think tank.
*Like the 淨, Agora Energiewende is a project funded by Stiftung Mercator and the European Climate Foundation.