About once a year, I'll essay a piece over the cost of electricity in Germany. It's one of those 100-odd topics that Germans whine about and get frustrated over.
This morning, a short piece came up via N-TV over German pricing for electricity. The total bill for all power consumed in 2020? It was near 37.8 billion Euro (figure around 44 billion US dollars).
It's almost one-billion more than in 2019.
So here's the curious thing....the amount consumed is about the same as in 2018, 2017 and even 2016. So the cost of production is what made up the billion Euro extra collected.
The price for power went from 27 cents per kilowatt hour....to 30 cents per kilowatt hour.
Where Germany ranks among the EU members on power cost? Number one at the top.
What happens when all these E-Cars start to show up and require electricity? Just in general...a totally dead E-Car battery will require around 40 kilowatt hours to get it back to full-power. That's around 12 Euro. But remember, the range for that battery is around 300 to 400 km, depending on the car.
All of this to mean more power and likely more cost (that 30 cent level will likely be near 45 cents in eight to ten years).
The higher cost level? Well....from 8 AM to 8 PM is considered 'peak-power' in Germany......so it's the period that you'd really prefer NOT to hook the car up and charge it.
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