Germany to impose renewable surcharge on firms' own production

Reuters News
Posted: Jan 22, 2014 9:46 AM

BERLIN (Reuters) - German Chancellor Angela Merkel's government plans to force companies that produce their own renewable power to now pay a large portion of the surcharge imposed on all private energy consumers, according to a draft proposal obtained by Reuters.

The draft calls for industry to pay 90 percent of the surcharge, currently at 6.24 cents per kilowatt hour, on new plants and for non-industrial producers of renewable and combined heat power plants to pay 70 percent of the surcharge.

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Until now, those producers of renewable energy had been exempted from paying the surcharge in order to keep them internationally competitive.

(Reporting by Markus Wacket, writing by Annika Breidthardt)