Eon boss: Utilities will pass on higher fees to customers

DÜSSELDORF (dpa-AFX) – Eon boss (EON SE) Leonhard Birnbaum expects that in 2024 higher energy charges will also be passed on to customers as higher prices. “These are politically-related surcharges that all suppliers will have to pass on to gas and electricity customers. Maybe not immediately, but probably in the coming months,” Birnbaum told the “Rheinische Post” (Tuesday) with a view to the increase in VAT Gas and the elimination of the reduced network fees charged by the transmission system operators for electricity.

He also does not expect prices to fall back to the level before the crisis triggered by the Ukraine war in the medium term. Although electricity generation through wind and solar costs comparatively little, the protection for calm, dark days through storage or new gas power plants still increases the overall cost of supply.

He also sees a risk if the situation in the Middle East escalates. “Then not only would the price of oil go through the roof, but also the price of gas and electricity,” Birnbaum told the newspaper. “The Persian Gulf is a central route not only for oil, but also for liquid gas.”

The energy manager clearly rejected politicians who are calling for a revival of nuclear power. “This is no longer technically possible, the issue is over,” said Birnbaum. “In Germany the trade fair for nuclear power is over.”

The German-Italian CEO of the Essen-based company criticized excessive bureaucracy. “A small example: Today we also have to submit application documents in a barrier-free manner. Not only do we have to submit numerous folders to the authorities in paper form, we also have to provide the content in a summarized form as a podcast.” Such bureaucracy is “crazy,” said Birnbaum./mi/DP/zb

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