Baden-Württemberg: EnBW raises gas prices by almost 35 percent

Gas consumers who are customers of EnBW (Energie Baden-Württemberg AG), an energy company based in Karlsruhe, Germany, must prepare for a significant increase in charges. According to information released last Monday, the company will raise gas prices by almost 35 percent.

The reason is the war in Ukraine, which has worsened an already difficult situation in international energy markets. It stressed that even before Russia’s attack on the country, purchase prices were at record highs. “It is true that since then prices have fallen somewhat again. Nevertheless, they still remain at a very high level, and so far there is no indication that this will change in the near future.”

From 1 July 2022, lower electricity bills

The price increase, which will take place from July 1, is in response to the current market environment, EnBW explained. The supplier has already raised prices at the turn of the year.

The consolation may be that customers of Energie Baden-Württemberg AG will in turn pay less for electricity. Consumers will benefit from the abolition of the EEG surcharge supporting the development of renewable energy in Germany as of July 1.

Source: www.stuttgarter-nachrichten.de

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