Average retail costs fell to €6.24 ($6.70)/kWh within the German electrical energy market in April, largely as a result of renewables making up about 70% of the community load.

From pv journal Germany

The development of common electrical energy costs within the German space market continues to level downwards.

According to new figures from Rabot Charge, a supplier of dynamic electrical energy tariffs, the typical electrical energy value was €6.24 ($6.70)/kWh in April. This is the second lowest worth in 16 months. Only in February was the typical value of electrical energy within the space market barely decrease, at €6.13/kWh.

This low stage of electrical energy market costs will be attributed to the excessive share of renewables in Germany. According to Rabot Charge, renewable vitality techniques made up 70% of the community load in April.

However, the excessive share of renewables additionally determines destructive costs. According to Rabot Charge, there have been 50 hours of destructive electrical energy costs within the spot market in April. The destructive costs in April 2024 reached values ​​above -€0.05/kWh at occasions. On the opposite hand, there are additionally durations of excessive costs, as proven within the graphic, with common electrical energy costs reaching €.020/kWh.

The common value of electrical energy on the German energy market has fallen considerably in current months

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Payment of Work

If the value of electrical energy is dynamic, the top shoppers will straight profit from the developments within the electrical energy alternate. However, in addition they need to pay taxes, duties, and community charges.

With the Rabot Charge, prospects with a dynamic electrical energy tariff pay a median labor value of €0.2785/kWh. By shifting their consumption to a time when electrical energy costs are low, they’ll additionally save extra prices.

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