Is it Possible to hire a Low-cost Electricity Company in Munich?
on 14/02/2022

As soon as you arrive in Germany, there are several things you need to complete and organize. It’s not a must to switch your electricity provider, but you should keep reading if you want to save a lot of money. Check out german energy to know the best option that suits your needs. The first time you use power in your new home after you’ve moved in, you’ve already agreed to a contract with the local utility company. At least you don’t have to worry about obtaining power to your flat when you first start. However, you should switch service providers once you’ve become more comfortable in your new home.

Several regional and national firms provide Germans with power and gas. Check out stadtenergie for details about energy in Germany. Since the late 1990s, the energy market has been privately operated, allowing consumers to select their own provider. A wide variety of companies offers the best deals. As a result of this, German consumers are gradually turning away from private energy providers. Power networks in Hamburg and Munich are returning to public control in many locations. Utility companies run by local governments focus more on providing reliable service and less on making a profit.

Setting up a new energy provider

Gas and electricity normally are not included in the supplementary fees (Nebenkosten) when renting a home or apartment. Instead, they are considered separate utilities. What is included in your rent? If you are unsure, consult your rental agreement. Similarly, if you’ve just purchased a home, you’ll need to open a utility account. This is a simple process that may often be completed online. The meter numbers on your gas and electricity meters may be useful. A “Grundversorgung” will be automatically assigned to you if you don’t sign a contract with a supplier, but you won’t be shut off. Despite the fact that this provides you with an uninterrupted supply of power and gas, it rarely provides you with good value for money. Choosing your own energy provider, on the other hand, makes solid financial sense.

In Germany, you can switch your energy provider.

Because your new firm will handle the bulk of the paperwork, switching energy providers is a simple and quick process. A new corporation and some information are all you need to do (usually including your bank account details, meter number, and estimated usage). To guarantee a smooth transition, they’ll get in touch with your old energy provider and have them cancel your contract. Also, keep in mind that some energy and internet service providers offer lower rates for longer-term contracts (Mindesvertraglaufzeit), which can be up to 24 months. To avoid being charged an early exit fee, make careful to read and understand the conditions of your contract, including minimum and notice periods.

Germany’s green energy sector

There has since been an increase in funding for renewable energy sources due to the growing demand for green energy. Germany’s goal is to have 80 percent of its energy come from renewable sources by 2080. The term “sustainably generated” refers to power and gas produced from renewable resources like solar and wind. Their prices are usually extremely competitive because of government subsidies.

German suppliers of energy

Energy providers are free to compete for your business in Germany’s open energy market. Despite this, state-owned suppliers have grown in popularity in recent years despite the deregulation of the market. Better investments in green technology and more stable interest rates are to blame. These state-owned companies have sparked a debate in Germany about renationalizing utilities. For the time being, newcomers to Germany can choose from various energy providers.

Depending on your residential area, you may have access to various energy providers. Depending on the type of energy you need, prices can vary widely from one provider to the next. It’s a good to look into your options and see if any of them provide green energy items. Germany’s energy providers include:

  • Vattenfall
  • E.On
  • Sparstrom
  • Yello

If you’re an ex-pat, it can be challenging to choose a service provider because there are so many possibilities. However, it may be worthwhile to do some research before signing up for a service. Use a comparison website to see all of your choices quickly and efficiently. This is a simple process.

Resolving your energy-related financial obligations

Depending on your provider, you may receive a gas or electricity bill every month or every two months in Germany. In some cases, it may be less frequent than that. Your first year’s bills are almost certainly going to be estimations. By submitting regular meter readings, however, you may be able to minimize your monthly utility payment. Bank transfer and automatic collection are the most typical methods of payment. If you have a bank account or a mobile banking app, you can easily set up these payments.

Voltage and power connectors used in Germany

Your electrical appliances should be compatible with the voltage in Germany if you’re moving there. In Germany, 220V is the standard voltage (50Hz). In Europe, this is the standard voltage, but in many other nations, it is substantially higher. To avoid problems, it’s best to double-check any appliances you plan to bring with you. A transformer is necessary if the voltage of your appliances is not compatible with the outlet’s voltage.

In Germany, plugs and sockets use two-pin plugs and sockets like those found in many other European countries (Type C and the older Type F). LEDs and other energy-efficient light bulbs are gradually replacing incandescent bulbs in Germany, following the lead of many of its neighbors. Switches for various house regions are stored in a single fuse box.