“Real German electricity prices for households have increased 61% since 2000. One quarter of household costs now stems directly from renewable energy. Also, the increase is *not* because of increasing production costs (which have actually slightly declined since 1978). The increase is due to dramatically increasing taxes, most noticeably from the Renewable Energy Act (EEG). In 2013 the EEG will increase 50% to 6.28 euro-cent (5.28 cents plus 19% VAT). In June 2011, Chancellor Angela Merkel famously promised to keep EEG prices stable, but this promise has now clearly been broken. The German household will pay 24% of its electricity bill to renewables.”
(Visited 42 times, 1 visits today)
Related posts:
Boston Federal Court House Evacuated Due To Press Presence, Bagpipe Player
Australian Manufacturer Debuts First Cashless Bitcoin ATM
San Diego County plans to forcibly medicate residents under Laura's Law
Ammo Envy?
US Government Moves To Seize 139-Year-Old Family Gold Mines
Bitcoin Still A Bit Player For Hedge Funds
A Second Passport: Outsmart the TSA
In Breakthrough, Farm Bill Includes Hemp Amendment
'Suspiciously simple strategy' of “best performing hedge fund in history”
U.S. Reacts To Fukushima By Raising Acceptable Radiation Standards
California Town Hired Private Law Firm to Sue Citizens, Conceal Massive Costs
Cop Unions Say Demilitarization Threatens Police. They’re Wrong.
Jury Nullification Activist Jailed 145 Days for Distributing Info
DHS Inspector General: TSA uses secrecy to avoid embarrassment
New Yorkers Chew Out Cops Over New Gun Control Law