Households have to wait for falling gas prices

Natural gas prices have risen drastically in the wake of the Russian war of aggression. They have been falling continuously since December – at least in wholesale. But it will probably take a while before this also reaches customers.

– According to estimates by the Federal Network Agency, consumers in Germany will only benefit from the lower wholesale prices for gas in a few months. “It should take six to twelve months before the reduction in wholesale prices for gas and electricity also reaches household customers,” said the head of the Federal Network Agency, Klaus Müller, of the “Rheinische Post” (Saturday). “This is due to the term of the contracts and the purchasing strategy of the company.”

Do price reductions have to be passed on to consumers?