Energy prices – thousands of electricity customers are slipping into the basic supply – economy

Thousands of electricity customers in Berlin and Hamburg are slipping into the basic supply because their previous provider no longer supplies them. At Vattenfall, the basic supplier of the two cities, there has been talk of a middle five-digit number in the past few weeks. The background to this is the tense situation on the electricity markets. At least 38 providers have notified the Federal Network Agency by the end of 2021 that they no longer want to supply their customers with electricity. The companies justify this with the sharp rise in prices on the electricity exchanges. Hundreds of thousands of customers are likely to be affected. The best known case is Stromio. If a provider no longer delivers, customers automatically switch to the basic supplier’s tariff. Then electricity continues to come from the socket, but it is usually much more expensive than before.

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