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German power grid firms cut renewable energy surcharge for 2019

FRANKFURT: A surcharge levied on German consumers to support renewable power will fall by 5.7 percent next year as funds collected to support green electricity are high and wholesale market prices have risen, network operators (TSOs) said on Monday. The surcharge under the renewable energy act (EEG) will amount to 6.405 euro cents (7.410 U.S. […]

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