October Release of the ECF Energy Price Monitor for Germany & Poland

Moderate increase in German energy prices in September

  • Higher price for oil affects German energy prices for consumers only slightly
  • Increase of 0.7 per cent in September
  • Part of the price increase in fuel and heating oil is compensated by declining gas prices

epm_main_enBERLIN – Germany’s energy prices rose moderately in September despite the recent rebound in oil prices up to more than 50 US-Dollar per barrel (159 liter). After two consecutive declines this summer, energy prices for German consumers increased by 0.7 per cent in September compared to August. On average, energy prices remained on a lower level than during the temporary peak in June. Compared to 2012 and 2013, the energy bill for consumers dropped by 15 percent. These are the results of the most recent analysis by the European Climate Foundation.Energy prices increase again after two months of decline.

Energy prices increase again after two months of decline

  • Average energy prices for Polish consumers increased by 1% in September
  • Energy price index has reached its highest level in 2016
  • Significant increase in the prices of transport fuels, stable prices of district heat and electricity

oktober_main_enWARSAW – After two months of modest declines, energy prices in Poland increased by 1%. The biggest price shift has been recorded for transport fuels. Prices of the remaining energy carriers increased only slightly (gas and solid fuels) or remained unchanged (district heat, electricity) since August. Polish consumers face the highest energy price since December 2015. Compared to September 2015, energy price index fell by 2.2%.