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Power customers in Germany paid the highest power prices ever registered in the country during the first three months of 2019, price comparison website Verivox . With 29.42 cents per kilowatt hour (kWh), prices on average climbed by five percent compared to the same period last year, according to Verivox. 鈥淭hree quarters of the basic local power providers have increased their prices,鈥� Verivox鈥檚 Valerian Vogel said, adding that most suppliers said they had to increase their prices due to higher procurement costs.

Verivox uses tariffs by so-called 鈥榤arket makers鈥�, basic local providers of electricity, for its power price calculation, which differs from other figures, such as by German Association of 麻豆无码版 and Water Industries (BDEW) or by the Federal Network Agency (BNetzA). Regardless of the exact calculation method, nominal power prices in Germany are among the highest in Europe, although they are lower than in many countries if accounted for .