The energy price brake has been in force since 01.01.23.
This is intended to protect both households and companies from price explosions.
In this video, ENIT CEO Kai Klapdor explains how this affects your company.
Since February last year, energy prices and markets have been disrupted and are increasingly threatening local industry. In order to cushion these effects, the German government passed the law amending the Energy and Electricity Tax Act in September last year - the energy price brake for short.
This has now been approved by Parliament and the Federal Council and is to apply from March, including retroactively for January and February.
But what does the regulation look like for energy-intensive industry?
The energy price brake will also apply to small and medium-sized enterprises as well as large-scale industry.
The same regulation applies to small and medium-sized enterprises as to households, but there are special rules for energy-intensive companies.
With the energy price brake, the electricity price for industrial customers is a maximum of 13 cents plus levies, surcharges and taxes for 70% of forecast consumption.
Example:
A typical industrial customer in our area has an annual consumption of 3 million kWH.
The reduced electricity price of 13 cents applies to 70% of consumption, i.e. 2.1 million kWh. The standard market price must be paid for the remaining 30%.
100%: 3 GWH x €0.25 = €800,000
70%: 2.1 GWh x €0.13 = €273,000
30%: 0.9 GWh x €0.25 = €227,000
€273,000 + €227,000 = €500,000
This example shows that with typical costs of €800,000, the energy price brake results in savings of €300,000. This leaves only €500,000 in electricity costs instead of €800,000.
This is significantly more than before the Ukraine crisis, but significantly less due to the cost reduction of the price brake.
If you use ENIT's systems now, you can save a further €50,000. We are happy to show you how this works inthis video.
To the gas price brake:
For the 25,000 energy-intensive industrial companies, a similar regulatory system applies to gas as to the electricity price brake.
For those who consume more than 1.5 million kWh per year, the net working price per kWh is capped at 7 cents for 70% of the previous year's consumption.
The gas price brake will also apply retroactively from March for January and February.
Even if an energy price brake comes into force, it will only apply for 70%. This also usually only applies to companies that have just had to conclude new energy contracts and have therefore accepted the higher prices or are supplied from the spot market.
There are therefore 2 recommendations:
- Make sure you talk to your electricity supplier, because by law, bills for January, February, March and onwards must already include the relief.
- Continue to check every opportunity to work on every kilowatt hour consumed and recognize savings.
You will find some recommendations for action in the other videos in the 'ENIT insight' series to help you do this.
What do you think of the energy price brake or what challenges do you see?
Feel free to let us know in the comments below this video.
