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Monday, September 9, 2013

How Much Is Green Energy Costing The Germans? Green Energy Is Adding 20 Percent To Germany's Cost Of Living

Remember my earlier post this morning -- how cheap electricity is in Texas?  TXU is now offering those who switch to their service, completely "free" electricity either all weekend, or "free" electricity Monday through Friday, 10:00 p.m. to 6:00 a.m.

Compare that with the German experience:
German consumers already pay the highest electricity prices in Europe.
But because the government is failing to get the costs of its new energy policy under control, rising prices are already on the horizon.
German Environment Minister Peter Altmaier’s predecessor once claimed that switching Germany to renewable energy wasn’t going to cost citizens more than one scoop of ice cream. 
Today Altmaier admits consumers are paying enough to “eat everything on the ice cream menu.” The government predicts that the renewable energy surcharge added to every consumer’s electricity bill will increase by 20 percent.
And with energy underpinning "everything," one can safely say this will add 20 percent to their costof livign.

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