15 Oct '13, 3pm

Germany Seeks Renewable Energy Reform as Households Pay Record Green Surcharge

LONDON -- Germany’s power grid operators boosted the surcharge consumers pay for renewable energy by 18 percent to a record, adding to pressure on Chancellor Angela Merkel’s government to act against rising electricity bills. The four grid companies set the fee paid through power bills at 6.24 euro cents (8.5 cents) a kilowatt-hour next year from 5.28 euro cents now, according to a statement on the website of TransnetBW. The charge has more than quintupled since 2009, helping to make German household power bills the third- highest in the European Union. Big industrial users are largely exempt from the increase. Merkel is looking for ways to reduce the cost of renewable - energy subsidies after deciding to close the country’s nuclear power plants. The government will reshape the 13-year-old EEG law granting support to technologies such as wind and solar power once Merkel’s ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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