Video: Pro consumer: Habeck proposes a change in the law for energy markets

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Pro consumer: Habeck has the prospect of changing the law for energy markets


In view of the high gas and electricity prices and the reactions of energy discounters, Economics Minister Robert Habeck wants to intervene by law. People would have initially accepted a supposedly cheap offer in good faith, which would now have become significantly more expensive, said the Green politician on Tuesday at an energy conference in Berlin. “But I also don’t want to hide the fact that we have to look again at how the very heavily liberalized gas and electricity market will be set up in the future, that people in good faith that they got a cheap offer are now in the more expensive offer lying. It can’t just be left without consequences.” “This means that speculation as a business model, which says we will always get cheap, short-term contracts without having long-term security, must at least be made more transparent. It may also be necessary to check that this long-term deposit is regulated more clearly, so that the people who, I don’t know what, want to save 50-100 euros don’t end up being cheated or waking up angry. And that’s how it looks at the moment.” Many discount providers had offered prices which in many cases were only guaranteed for 12 months. The providers then often quit and the customers fell back to the basic suppliers, which were relatively more expensive.

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Many discount providers for electricity and gas had offered prices which in many cases were only guaranteed for 12 months. The providers then quit many times. It became more expensive for customers instead of cheaper.

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