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YES

Wow!
That's about three times the rate in The Netherlands.

Let's see if The Interconnector will make any difference.

Hi Seat,

it's only a can of worms for the German electricity customer and the higher price that he pays for electricity that is exported cheap to Holland.

This how it works:

Germans producing environmental friendly energy through solar panels are paid a guaranteed price that is higher than the German electricity price. The difference is paid by a surcharge for all the rest who don't have solar panels of their roof.

The effect is a huge overproduction of environmental friendly electricity in Germany that pushes down the international electricity market price per kWh as Germany has to sell it(sadly it can't be stored!).

Holland imports nearly all of this overproduction at a very low rate as it is right next to Germany.

Endeffect: Price in Holland keeps on going down while the price in Germany keeps on rising .........

So Hollands low price is not typical of the European electricity price and Malta's price is kind of European average.

This would work for Malta if they are able to buy it in Germany and transport it free of charge through half of Europe and only as long as the German consumers don't force a change.

Cheers
Ricky

What is of real importance to non-Maltese EU householders - whether as owner-occupiers or tenants - is to ensure that they are paying ‘residential’ water and electricity consumption tariffs as opposed to the extortionate ‘domestic’ water and electricity consumption tariffs.

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Hi Ricky,
That's the wonderful world of international free trade in combination with national taxes and subsidies....
What a mess we all made of it, eh? On top of the German electricity Holland is also importing Norwegian hydro-electricity. This drives down the price, while at the same time makes Holland "greener" in the statistics.

I really hope this interconnector will have a somewhat similar effect on Maltese prices. The Dutch grid is connected to Norway, Germany, Britain and Belgium. The consumer market is very open and liberal. There are literally dozens of energy suppliers and as a consumer you can switch supplier every year by the stroke of a (e-)pen. This helps in keeping the prices down as well.

get on the cheaper tariff in Malta AND don't use too much so you get the 25% green subsidy, and it won't be too far from what you pay now

We'll certainly do our best George!
Thanks.

does anyone think the eco thresholds are too low? or maybe not realistic?

"So one kiloWatthour is 21 cents"

In Denmark the cost is typically 29.5 cents per KW - it is ALWAYS worse somewhere else

As long as the grass is browner at the neighbours

Prices with Interconnector will not be significantly lower - it is being built as a back-up and is not expected to bring "cheap electricity".
Prices of energy in Malta higher than in rest of the Europe, because it is being produced in highly ineffective process of buring oil (now gas) and there is a monopoly of gov-owned company.

"Prices of energy in Malta higher than in rest of the Europe," - actually prices in Malta are below the EU average if on lower tariff, excluding green subsidy

H2 2102 - EU average 19.7, Malta 17 (or 21 if not on lower tariff)

We have moved over from Spain and there paying just under 20cents per kw, but IVA (vat) was then added on at 21% (it has gone up from 18%) so our Malta bill was less than the Spanish bill for this time last year. Re water again cheaper and no rates to pay either so that part of the cost of living is cheaper for us even on the "domestic" tariff.