Given the economic realities of high unemployment, high debt and deficits, it only makes sense to reduce the demand for renewable energy resources that are unreliable as well as expensive to recover and distribute.
How Electricity Became a Luxury Good in Germany
Source: "Germany's Energy Poverty: How Electricity Became a Luxury Good," Der Spiegel, September 4, 2013.
September 20, 2013
Germany's aggressive and reckless expansion of wind and solar power has come with a hefty price tag for consumers, and the costs often fall disproportionately on the poor. Government advisers are calling for a completely new start, says Der Spiegel.
- The German Environment Minister, Peter Altmaier, and others are on a mission to help people save money on their electricity bills, because they're about to receive some bad news.
- The government predicts that the renewable energy surcharge added to every consumer's electricity bill will increase from 5.3 cents today to between 6.2 and 6.5 cents per kilowatt hour -- a 20 percent price hike.
- This year, German consumers will be forced to pay 20 billion euro ($26 billion) for electricity from solar, wind and biogas plants -- electricity with a market price of just over 3 billion euro.
- Two-thirds of the price increase is due to new government fees, surcharges and taxes.
- But despite those price hikes, government pensions and social welfare payments have not been adjusted.
- As a result, every new fee becomes a threat to low-income consumers.
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