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EnBW to cut prices for gas from 2024

Published 02/11/2023, 09:44
Updated 02/11/2023, 09:46
© Reuters. FILE PHOTO: Solar panels of Germany's largest solar park Weesow-Willmersdorf by energy supplier EnBW AG are seen next to wind turbines in Werneuchen, Germany September 21, 2023. REUTERS/Lisi Niesner/File Photo
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FRANKFURT (Reuters) - German utility EnBW on Thursday said it would lower tariffs for gas as well as electricity for heating from 2024, reflecting falling prices that have come down substantially from levels seen during the European energy crisis.

Gas prices for EnBW customers will fall by an average 4.5% from Jan. 1, 2024, the company said, adding prices for power that's used for heating will be 4.6% lower for heat pumps and 5.9% lower for electric storage heaters.

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