Federal Economy Minister Habeck dismisses fears that the planned gas and electricity price brake will be too complex. Households and companies do not need to “worry about anything”.
The planned gas and electric price brake should not impose any additional burden on customers. Federal Minister of Economy Robert Habeck (Greens) dismissed related fears at a trade congress in Berlin on Thursday. Private households and small and medium-sized companies “do not really need to worry about anything”.
According to the Green Party politician, this is a simple model. But behind it is a very complex computational system that is currently “whitening your hair”. Negotiations were held with municipal services and network operators about the application. This concerns issues such as customer consumption or how government funds reach utilities.
Price brakes coming in the new year
The gas price brake for private households and small and medium-sized companies should take effect by March at the latest, but the federal government is examining its retrospective effect from February. Basic consumption subsidized by the state, such as electricity price brakes, is planned.
This should take effect from January. Habeck confirmed that despite price brakes, energy is more expensive than it was a year ago. This is an incentive to save energy.
The gas and electric price brake for large industrial companies should take effect from January. As Habeck said, the federal cabinet will decide on the price brakes bill by circulation in the days following, rather than this Friday, as originally planned.
One-time payment in December
As a first step, the Bundestag and the Bundestag decided in December to make a one-time payment for gas customers. Habeck also defended Germany’s high spending on aid due to high energy prices, citing a total of 300 billion euros. If there was an economic recession in Germany, it would have consequences for the whole of Europe.
With relief, society’s income must be balanced so that consumption does not collapse. But right now, no one can wait for the spring to come when people will again underestimate their money. “It’s just a rough winter” that the government is working against.