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German gas levy to cost several hundred euros per household - econ min

German gas levy to cost several hundred euros per household - econ min

Reuters · 07/28/2022 05:48
German gas levy to cost several hundred euros per household - econ min

- A levy on gas consumption for all customers in Germany will cost households several hundred euros, German Economy Minister Robert Habeck said on Thursday.

"We expect it to be between 1.5 and 5 cents per kilowatt hour," Habeck said, adding that the money collected with the levy will be available to all gas companies that had to replace Russian gas imports and that the measure aims to stabilize the gas market.


(Reporting by Riham Alkousaa and Miranda Murray)

((Riham.Alkousaa@thomsonreuters.com; Twitter: @RihamKousa;))