2021 CO2 extra cost comes to: oil and Gas remain cheap

2021 CO2-surcharge
Oil and Gas remain cheap

Despite colder temperatures in the fall, consumers can hope for lower energy costs. Currently, the oil prices were on a ten-year low, according to the comparison portals Check24 and Verivox.

In September 2000 litres of heating oil cost, according to Check24-information average of 770 euros. “Due to the Corona pandemic, and the consequent weak global economy, energy prices for 2020 have declined significantly, and the lower VAT rate since July,” said Lasse Schmid, managing Director of energy at Check24.

Verivox-energy expert Thorsten Storck warned that the situation could change for the new year. “In the coming year, the CO2 will make a charge then fuel oil are significantly more expensive.” Germany leads in 2021 a price for carbon dioxide from road transport and heating systems: the companies that bring petrol, Diesel, heating oil and natural gas in transport need to buy pollution rights. It is planned to be a fixed price of 25 Euro per ton of CO2 then increases gradually.

Still, gas prices at a low level currently. The average price fell over the year by 7.4 per cent, taking into account the lower VAT even by 9.7 percent, according to Storck. “However, the development is very different. The reason suppliers have kept their prices in the course of the year is stable, price reductions and increases balance.” Although gas purchased currently cheap. However, because of the foreseeable CO2-surcharge for Gas, many waited still, “and not all providers give reductions”.