Tuesday, October 19, 2021

Electricity Contracts Being Cancelled?

 Well....yeah, here in Hessen....the talk started up yesterday as HR (our public regional TV network) talked about the letters starting to arrive at various homes.

Electricity in Germany runs along the lines of x-number of public companies.....tied to the grid, who provide you 'juice', at a certain rate/price.  

In this case....the companies had (maybe for several years) had a rate which made sense but in the past couple of months with inflation running rampant....they can't sell you the power at that cost level. 

So the letter arrives at your house, and it says....as of such-and-such day (usually ten days away), your power contract is terminated.  

People usually sit there and think....well, this can't be so sudden.  The fine print of your original contract basically hints that termination can occur rather quickly.

Where this is leading?  You have to find another company within a couple of days or face the power being cut off.  So then you review your options....you WILL be paying more for whatever contract you find.  

This leading to court cases?  Probably, but at the pace of the German court system....you might be sitting there for two years minimum.  

A lot of people?  No....presently, at least here in mid-October....it's hundreds.  But I would go and speculate by the end of the month....it'll probably get into the thousands.  

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