Energy Economy - Low Filling Levels in Gas Storage: Consumer Center Warns of Rising Prices
8 Articles
8 Articles
Autumn is approaching, but gas storage is as empty as it has been for years, which could soon be expensive for consumers.
The German gas storage systems are currently unusually heavily emptied. And this will probably not change for the time being: High gas prices and changed market conditions ensure that the replenishment of the storage systems for retailers is not economically viable. Germany is facing a serious shortage in the coming winter.
With regard to the low gas storage levels, the Federal Consumer Association warns against rising prices. The chairman of the association Pop said the "Rheinische Post", private households should check whether the own gas contract foresees a price fixing beyond the winter. Otherwise, a price comparison and a change could be worthwhile.
According to the Federal Association of Consumer Centres, the low gas storage systems could lead to higher prices in winter. Customers should consider changing suppliers.
The German storage facilities are currently only over 50 percent filled. "For private households, this can mean higher energy prices," warns the Federal Association of Consumer Centres – and advises gas customers to be cautious.
High purchase prices and low storage levels could mean higher gas costs for households. What consumers should pay attention to now.
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