Electricity chatter has been hyped up over the past week in German with the coal business being discussed a good bit. I noticed this morning via N-TV (the German news network) a short piece, which indicated a significant rise in power costs coming to the German consumer.
There was a good quote there by RWI energy expert....Manuel Frondel....who basically suggested: "For a three-person household with an annual consumption typically 4,000 kWh, that means 40 euros a year in additional costs."
Forty extra Euros isn't the end of the world, but it'll be layered across society. So the baker, the car mechanic, the grocery.....will all hand their costs onto you. So it's not really just 40 Euro spend extra....it'll likely run up around 100 Euro (my estimate) when you figure the costs coming down the pike.
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