Germany's 2017 green power surcharge to rise 8 percent: sources


FRANKFURT A surcharge levied on German consumers to support renewable power will most likely rise by around 8 percent next year, despite government efforts to scale back support for green power, sources in the power transmission sector said on Tuesday.

The fee makes the biggest single contribution to financing Germany’s Energiewende policy shift to more renewable power, raising 24 billion euros ($27 billion) last year.

The surcharge under the renewable energy act (EEG) will be 6.88 euro cents per kilowatt hour (kWh) in 2017, up from 6.35 cents this year, the sources said ahead of an official statement from the country’s network operators (TSOs) due on Friday.

If this level is applied, an average household consuming 3,500 kWh a year will pay around 22 euros more per year, or a total of 286 euros including value added tax of 19 percent, towards the EEG.

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