Business
According to Katherina Reiche, electricity prices are not expected to drop until the 2030s
Economic Minister Reiche explains that consumers can only expect falling electricity prices in the 2030s, even though reforms have already been initiated.
According to Economic Minister Katherina Reiche, electricity prices in Germany will remain high for the time being. A significant reduction in prices is not expected until the 2030s.
Reiche defended the new heating law and emphasized that the reforms being implemented aim to lower costs. However, consumers will need to be patient until these measures have a noticeable effect.