Electricity prices

Every year I have the feeling that our electricity bill has gone up.

The electricity company estimates at the beginning of the year how much you are going to use, and then charges you monthly based on this estimate. At the end of the year they either refund or charge you the difference to your actual usage.

Normally they estimate quite well, but I still end up paying a difference at the end of the year because the price of the electricity itself has gone up.

Now the Tagesschau news has reported that prices have indeed gone up – by 50% in the last 7 years.

It seems to me that the electricity companies are making huge profits, and still passing on price rises, eg. in the oil price, to their customers. My supplier even has a bonus card scheme where you can get discounted entry to theme parks etc.

I don’t want discounts! I just want to pay a reasonable price for my electricity without the big shock at the end of each year!