Average Electricity Bill In Germany- How to Cut Down Energy Costs?

Are you familiar with German electricity being the most costly in the world?

By the end of 2021, electricity prices were 0.34$ per kWh in Germany and 0.16$ in the United States, a big difference of 2.1.According to a Statista report, the average monthly electricity bill for three people in Germany is about 120.6 euros. Knowing how to cut energy costs is crucial to addressing Germany's current electricity crisis. 

In this article, we break down the average electricity bill in Germany and highlight ways to reduce energy costs. 

Average Electricity Bill in Germany

Germany was declared one of the countries with the highest electricity prices in the world, which escalated further after the Russian-Ukraine war.

In the second half of 2022, the average household with a yearly electricity use of 3500 kWh was charged 116.86 euros in a month. When the internal European energy market was discovered, this price corresponds to a total price increase of 134% compared to 1998. Compared to many years ago, electricity costs were 37% higher in December 2022. 

In 2024, the average monthly electricity bill in Germany for three persons was nearly 120.6 euros. As of April 2022, they were billed an average of 5.42 and 7.74 euro cents per kWh.

To reduce such elevated prices, Germany is also taking measures by offering grants and loans to make energy storage solutions accessible to every citizen. We also provide practical ways to cut down energy costs.

Ways to Cut Down Energy Costs

Let’s learn about multiple ways to cut down energy costs effectively.

1.Install Renewable Energy Storage Systems

Germany is tremendously adopting renewable energy sources on a large scale to cut down energy costs and discard fossil fuels. For this, various options are investigated. A significant factor in this revolution to low-carbon energy and electricity prices is the implementation of renewable energy sources like sun and wind. So the question is, can solar energy be stored?

Yes, solar energy is stored through multiple mediums, like solar panels, batteries, and inverters, to transform it into electricity. Using renewable energy sources offers you fire dependency to cut down electricity prices. 

This storage doesn’t just refer to excessive energy that can be stored for later use during periods of less generation and peak demands. It also indicates that the energy can be deployed to short-term supply disruptions, such as power outages or problems with routine maintenance and generators. 

A reliable solar energy storage system will allow users to keep their electric system running smoothly without interruption.

2.Analyses the Monthly Electricity Usage

Another way to reduce energy costs is to analyze your mirror electricity usage. German electricity depends on your calculated usage, not your actual consumption. When your actual meter reading is taken, you'll get credited or refunded money on your electricity bill when you consume less than calculated. 

Further, you can also save money in the year as your provider will adjust your monthly bill to match your lower electricity usage. 

3.Adjust the Monthly Electricity Bill

Monitoring your usage is the best way to cut down German electricity costs long-term. But if you are keeping an eye on money in the bank, then the best way to reduce your electricity bill is to lower it so you pay less immediately.

So, the best way to reduce your electricity bill is to sign up with a flexible electricity provider in Germany that offers month-to-month flexible contracts.

4.Deploy Smart Plugs

Have you ever noticed that you could potentially save 500 kilowatts of electricity a year by unplugging unused appliances? This would save €185 in German electricity costs per year.

Apart from unplugging unused switches, you can also go with smart plugs that connect your device and appliances over a WiFi network and work with Bluetooth to enable you to switch your appliances from your phone.

5.Switch to LED Bulbs

Switching from halogen to LED light bulbs is another way to cut German electricity costs. While LED light bulbs are undoubtedly expensive, they use nearly 80% less electricity than halogen bulbs.

These bulbs are efficient for your pocket and eco-friendly, as they are recyclable, and about 90% of them can be reused.

6.Use More Energy Efficient Devices

Replacing old devices with newer, Energy-efficient appliances is another great way to reduce German electricity costs.

Old devices can use about 10% to 50% more electricity than the new advanced energy-efficient devices. Only some of the most cost-effective and energy-efficient devices are the Philips bagless vacuum cleaner, Samsung washing machine, Samsung dishwasher, etc.

7.Go With Standing Lamps

You must love the character and glamour of old-style apartments in Germany. But the aesthetics and antique chandeliers in these apartments aren't the best for electricity costs.

To fix this problem, we recommend that you use standing lamps instead of ceiling lights. This way, you can light up your room and save money, as standing lamps are energy-efficient appliances.

What is the Best Way to Cut down Energy Costs in Germany?

Installing renewable energy storage solutions is the best way to reduce energy costs in Germany. These solutions reduce your grid dependency by generating electricity from sunlight and wind. You can store this energy in batteries like lithium-ion batteries for later use or during power outages.

But now the question is where to source cost-effective and highly reliable energy storage solutions. Here, we recommend Innotinum, which is famous for its advanced series of residential energy storage systems and has an expert team that can install systems to cut down your energy costs.

Bottom Line

In short, Germany is undoubtedly famous for its high electricity costs. If you live in Germany and want to reduce your energy costs, you can follow the above-mentioned ways.

However, installing a renewable energy system is the best option because it reduces your energy costs and pays you back through a net metering system.