German renewable energy surcharge to rise to 5.3 cents-source

BERLIN Wed Oct 10, 2012 6:22am EDT

Related Topics

BERLIN Oct 10 (Reuters) - Germany's surcharge for renewable energy will rise to 5.3 cents per kilowatt hour in 2013 from 3.6 cents, a government source told Reuters on Wednesday.

The increase reflects the fact that increasing amounts of electricity are generated from renewable sources and that this power is bought from producers at guaranteed prices above market rates.

The surcharge covers the difference between the two and is paid by consumers. (Reporting by Berlin bureau)

FILED UNDER: