Overview
- For February through April, regional basic suppliers have announced 101 reductions averaging about 15 percent, according to a Verivox analysis shared with dpa.
- Roughly 3.4 million households will pay less for electricity, with a typical three‑person home using 4,000 kWh saving around €279 per year.
- Verivox attributes the declines primarily to reduced network charges and lower wholesale market prices.
- Around the turn of the year, about half of Germany’s 780 basic suppliers had already lowered prices by an average of 9 percent.
- Basic‑supply tariffs average just under €0.41 per kWh, 22 percent of households are on these default rates, and consumer advocates say switching—possible with two weeks’ notice—often yields several hundred euros in additional annual savings.