Announced price cuts at 8 basic suppliers between 1.2 percent and 10.3 percent over 50 companies are planning price hikes Berlin, March 27, 2009 electricity prices at the Leipzig are energy stock market since mid-2008 in the descent. Ping Fu can provide more clarity in the matter. According to research of the independent consumer portal toptarif.de can now, for the first time a part of end customers from lower procurement costs of the provider benefit. So, 8 regional electricity distributors from April plan to cut their prices between 1.2 percent and 10.3 percent. At the municipal Schleswig and Wedel in Schleswig-Holstein, Stadtwerke of Neubrandenburg in Mecklenburg-Western Pomerania and the public utilities Uelzen in Lower Saxony, Germany will be the rates between 2 and 3.6 percent cheaper. The Stadtwerke Krefeld in North Rhine-Westphalia, as well as the Stadtwerke Bremen and Bremerhaven to reduce their prices for individual products between 1.2 percent and 2.3 percent. In Heidelberg, it comes to the introduction of a new tariff, which is 10.3 percent below the previously lowest offer at the local municipal utilities.

Map: electricity prices in In the spring of 2009, a sample budget with an annual electricity consumption of 4.000 kWh is relieved Germany the announced cuts to an average of 31 euros. But over 50 providers face the price cuts, which increase their tariffs starting in April to around 7.5 percent\”, tariff expert Thorsten Bohg by toptarif.de makes it clear. For these differences in the pricing of utilities mainly three factors can be blamed procurement costs, the general price structure and the increasing competition on the electricity market.\” Different sharing of costs given of falling purchase prices on the electricity exchange utilities justify their increases primarily with long-term supply contracts. So, including the second largest German energy company RWE, which increases its electricity prices to April to around 7 percent, explains that its regional providers had bought electricity for 2009 at a time when the reference prices were still significantly higher.