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EnBW Keeps Gas Prices Stable for Winter

EnBW keeps natural gas prices stable for winter despite rising costs, while slightly lowering prices for electric heating and heat pumps. Household electricity prices are expected to remain stable.

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German

Germany

Germany Climate ChangeEnergy SecurityEnergyGasPricesElectricity

EnbwFederal Statistical OfficeDpa-Infocom

Dirk Güsewell

What is EnBW's outlook on household electricity prices?: While the calculation for household electricity prices is still underway due to unclear government parameters, EnBW does not anticipate any price increases, despite a previous 15.9 percent hike in April.
How does EnBW justify its stable gas prices despite rising costs?: EnBW's stable gas prices are attributed to their forward-looking and long-term procurement strategies, which helped mitigate the impact of the energy crisis's dramatic price swings in the wholesale market.
Will EnBW change its prices for customers using electric heating or heat pumps?: For customers using electric heating or heat pumps, EnBW plans to slightly lower prices by up to 3.5 percent, resulting in potential savings of up to 60 euros annually for a typical household.
What is EnBW's plan regarding natural gas prices for private customers this winter?: EnBW, Germany's third-largest energy supplier, will keep its natural gas prices stable for private customers this winter despite increased network fees and carbon prices. This stability is due to lower procurement costs.
What factors contributed to the increase in natural gas prices for private households in the first half of 2024, according to the Federal Statistical Office?: According to the Federal Statistical Office, private households paid more for natural gas in the first half of 2024 compared to the previous six months, with the increase primarily attributed to higher CO2 certificate prices and the return to the standard VAT rate.

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