Construction costs are currently skyrocketing

What are you doing about the electricity price increase? We received the information letter from n-ergie a few weeks ago. Electricity price practically doubled. Are you filing an objection or would we get the original price anyway in case the increase was not lawful?

I consider the increase from 30.9 to 40.9 cents a stroke of luck, as it only amounts to a projected approx. 35 - 40€ per month for me.

Hi,

got n-ergie. Electricity price virtually doubled.

we had that too, from 25 to 48 cents/kWh. We simply canceled and switched to Stadtwerke Schwabach for 36 cents/kWh. The announcement that electricity price increases from 1.1.23 were to be prevented came too late for us. However, I haven’t heard anything more about that issue; I suspect the plan has also fallen by the wayside. Legally, that would probably be a difficult case.

Whether these increases are lawful is apparently very, very doubtful, but hardly provable in retrospect. There are plenty of calculations and examples from expert people on the subject. The gist in the end (simplified) is: The share of fuel costs in total electricity generation is comparatively low and only fuel costs for gas power plants have increased. Thus, price increases should actually amount to a maximum of 5 cents, at worst 10 cents/kWh if you calculate very pessimistically. The extremes of 50-75 cents/kWh lack any basis.

If you object, N-ergie will probably want to kick you out of the contract. It would actually be quite interesting to find out what happens then. But do you have the desire, time, and energy to engage in a years-long legal dispute?

Best regards,

Andreas

only the ammunition is no longer available or insanely expensive.

Depending on caliber/model, you currently have to pay around 5€ per cartridge... if you can even get any at all...

Everything else has also gotten more expensive... rifles, scopes, tools for further processing...

You really have to take it all in.

The share of fuel costs in total electricity generation is comparatively low, and only the fuel costs for gas power plants have increased. This actually results in price increases of a maximum of 5 cents, or if you calculate it very harshly, 10 cents/kWh. The extremes of 50-75 cents/kWh are completely unfounded.

You have already noticed that the electricity price formation at the EEX, where all utilities purchase their electricity, is not designed for strongly fluctuating electricity generation costs combined with electricity scarcity – or it then swings sharply upwards?

The basis for the utilities (not power plant operators) regarding price increases are the procurement costs. And these have really risen sharply. The market or the greedy power plant operators are not to blame for the price formation, but the Merit Order principle, meaning the situation is politically (with lobbying influence) created.

Regarding the share of fuel costs: From 1 kWh of natural gas you can roughly generate 0.5 kWh of electricity. 1 kWh of natural gas in 2022 currently costs depending on weather and mood 10-20 ct/kWh. This results in fuel costs for electricity generation between 20-40 ct/kWh.
In previous years, the fuel costs for one kWh of electricity from natural gas were somewhere around 3-4 ct/kWh.
How you then get cruelly calculated price increases of 10 ct from this is beyond me. For gas, it is really 20 ct+ just for fuel. Thanks to Merit Order, however, the price is thus at this level for all electricity quantities.

(habe kuerzlich den taeglichen Newsletter von Klein abonniert :D)

Great suggestion, I will do that right away. Thanks for that. As you know, we need follow-up financing from 01.10.23 because the original plan to pay for the property after five years with our life insurances had to be discarded due to the increase in construction costs.

Bin zwar noch nicht so richtig aktiv hier, aber zumindest lese ich wieder alles fleissig mit :)

I’m glad that you are participating here and I’m happy about that. :)

Ganz herzliche vorweihnachtliche Gruesse

Warm pre-Christmas greetings to you too, dear LotteS.

Correction:

As is known, we need a follow-up financing from 01.10.23, as the original plan to pay for the property after five years with our life insurance policies had to be abandoned due to the increase in construction costs.

I'm sorry, I was mistaken; we only need the follow-up financing from 01.10.24, but until then I am dealing with the topic of "forward loan".