Debt Advisor – Less Power Cuts – Economy

According to debt counselors, defaulting electricity customers are currently less affected by the blocking of energy suppliers. The electricity price brake and its consequences tie up a lot of capacity in companies, as Ines Moers, Managing Director of the Federal Working Group for Debt Counselling, emphasizes. “There aren’t that many power cuts anymore. That’s what many of the debt counselors tell us.” The decline has been observed for about half a year. Board member Eva Müffelmann spoke of limited receivables management by the suppliers. The electricity and gas price brakes were introduced in March. They are financed from a special fund of up to 200 billion euros from the federal government. As reported by the Federal Network Agency, there were around 235,000 power cuts in the year before last, an increase of two percent over the previous year. Figures for the past year are not yet available.

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