According to the court order, the energy suppliers remain bound by their price guarantees. The Düsseldorf regional court prohibited the company Extra Energie from already announced price increases by means of a temporary injunction. “A lot of energy suppliers are inclined to reach for fire because the procurement prices are so high,” said Holger Schneidewindt from the consumer advice center in North Rhine-Westphalia. The legal situation is pretty clear. The district court prohibited the company from passing on the increased procurement costs for electricity and gas to customers if the contracts contain a price guarantee. Extra energy must continue to deliver at the contractually agreed prices. The company can appeal against the non-final decision. Schneidewindt said that many energy suppliers are currently toying with the idea of breaking the price guarantee, but have so far shied away from doing so because of the clear legal situation.
Utilities – energy price guarantees remain – economy
