German renewable energy surcharge (EEG)

The cost of greening electricity in Germany has minimal impact on the average household budget. Electricity bills amount to 2.6% of the expenses of a German family, and the renewable energy surcharge adds only another 0.4% to this.

Energy intensity, a measure of energy use per unit of GDP, is an index of how efficiently energy is used. Globally, energy density rates are falling significantly. In Europe the average has fallen from 0.16 in 1990 to 0.10 in 2015. In North America, it has fallen from 0.24 in 1990 to 0.16 in 2015. It has taken America 25 years to reach the efficiency level of Europe 25 years ago, and this illustrates the great potential left for energy consumption reduction. The general decoupling of energy consumption and growth and prosperity is a positive trend for climate protection, and is one of the cornerstones of the energy strategy of the EU.

German electricity exports have doubled since 2008, and now stand at over 50 TWh.

The renewable energy surcharge in Germany 2014 was 6.24 c:

0.56 = underdraw from prior year

0.25 liquidity reserve

0.12 = market bonus

1.25 = industry exemptions

1.50 = lower wholesale prices

2.56 = cost of RE

[Source: BEE]