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Household Energy Prices Continue to Fall

Die Haushaltsenergiepreise sind im April erneut gesunken.
Die Haushaltsenergiepreise sind im April erneut gesunken. ©Canva (Sujet)
The costs that households have to spend on energy decreased again in April. The Energy Price Index (EPI) of the Energy Agency decreased by 1.6 percent compared to March. Compared to the previous year, prices increased by 0.7 percent, but the inflation rate remained below the general inflation rate. Electricity costs were particularly affected: the elimination of government support and increased network charges led to an increase of 36.4 percent.

Fuel and heating oil became noticeably cheaper in April. Diesel cost 2.2 percent less compared to March, and prices here fell by 9.9 percent year-on-year. A similar trend was observed in the prices for super gasoline, with a price decrease of 1.4 percent compared to the previous month and 9.8 percent compared to April of the previous year. The prices for heating oil fell even more significantly, with a decrease of 4.3 percent compared to March 2024, and prices fell by 12.0 percent year-on-year. A typical annual requirement of 3,000 liters of heating oil cost significantly less at 3,150 euros than in the previous year.

Household Energy Prices: Further Developments

Although gas, electricity, and district heating have recently recorded declines, prices are still significantly higher than before the energy crisis. For gas, there was a decrease of 1.4 percent compared to the previous month, and the energy carrier was 9.4 percent cheaper year-on-year. District heating became slightly more expensive by 0.2 percent compared to March, while prices fell by 0.7 percent year-on-year. Although electricity prices increased significantly year-on-year, there was a decrease of 1.3 percent compared to the previous month of March.

Wood pellets and firewood also became cheaper. The prices for pellets fell by 1.1 percent compared to the previous month, and they were 7.2 percent lower year-on-year. Firewood became 2.4 percent cheaper compared to March, and prices fell by 8.6 percent compared to April 2024.

(APA/Red.)

This article has been automatically translated, read the original article here.

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