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The Independent UK
The Independent UK
National
Via AP news wire

Germany rethinks gas surcharge after backlash over profits

Copyright 2022 The Associated Press. All rights reserved

The German government is considering backtracking on plans for consumers to pay a surcharge on natural gas amid mounting criticism that the money could flow to highly profitable energy companies, officials said Friday.

The surcharge of 2.4 euro cents per kilowatt hour was announced two weeks ago and could cost the average household several hundred euros (dollars) a year. About half of German households use natural gas for heating, some also for cooking. The measure is due to take effect in October and is aimed at rescuing importers slammed by Russian cutbacks tied to the war in Ukraine.

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