Sunday, July 01, 2012

Green Energy Leaves 800,000 Germans In The Dark

Flagship German newspaper Die Welt has an online report titled: Fast 800.000 Deutsche k├Ânnen Strom nicht bezahlen. In English: Almost 800,000 Germans cannot pay for electricity. As Germany subsidies wealthy homeowners and businesses owners to install solar panels on their homes and commercial buildings, low income families living in rented apartments are getting stuck footing skyrocketing electric bills. Many can no longer afford to pay for electricity, and so the utilities are cutting off their power. Indeed high energy prices are causing everything else to get more expensive as well - all this while the euro is threatened to collapse under the weight of massive debt due to financial ineptitude. Aribert Peters, Chairman of the Bund der Energieverbraucher (Association of Energy Consumers) says that already 600,000 to 800,000 people in Germany have had their electricity cut off, all thanks to skyrocketing electricity prices due to friendly green energy. Spooked, a number of leading politicians and consumer advocates are now calling for financial assistance for low income households, i.e. energy welfare...more

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