Domestic
Verivox analysis confirms high electricity prices in Germany among G20 countries
An analysis by the comparison portal Verivox reveals that Germany has the highest electricity prices among G20 countries.

According to an analysis by the comparison portal Verivox, Germany has the highest electricity prices among G20 countries. The costs amount to 35.6 cents per kilowatt-hour, while the average price for G20 countries is about 16.3 cents.
Business associations have long criticized the high electricity prices in Germany, viewing them as a disadvantage for the country. These cost burdens could also impact the competitiveness of German companies.
The analysis highlights the disparity with other major economies and underscores the concerns of business associations regarding the rising energy costs. Whether and what measures will be taken to address this price increase remains to be seen.