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Anti-Nuclear Plan Cutting Into Germany's Families
Anti-Nuclear Plan Cutting Into Germany's Families: http://www.forbes.com/sites/jamesconca/2012/10/17/anti-nuclear-plan-cutting-into-germanys-families/
"The cost of shutting down Germany’s nuclear program won’t fall on the
back of heavy industry, like first feared. It will fall on the backs of
citizens. Germany’s Renewable Energy Act (EEG) guarantees that
renewables are taken onto the grid by the utilities in front of all
other energy sources, and they have to buy it at rates way-above market
value.
This was put in place to encourage alternative energy
development and installation. However, renewables are so much more
expensive than nuclear, hydro and fossil sources, that Germany
instituted a levy, or Umlage, charged to consumers to cover this
difference.
On Monday, the Germany’s four primary grid operators
announced an increase in this levy from the 2012 rate of 4.5 cents per
kWhr to a 2013 rate of 6.7 cents per kWhr (Reuters).
In addition to
this 47% increase, consumers will be charged a value-added tax and
higher fees for network usage by utilities. Retail electricity prices
will rise by more than 10%, the largest increase in ten years. The
typical family of four will pay about $324 per year just to fund this
tariff."
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