The staggering rise in energy prices has led to a sharp rise in costs for heating, transportation, and lighting. The energy bill for households is already 8 billion higher. De Tejd wrote this on Saturday based on the calculations of ING economist Philip Ledent.
The economist calculated how much household energy spending has risen in the past 12 months compared to the ‘normal’ year 2019, the last year before the pandemic. From September 2021 to August 2022, households spent about 6.1 billion euros on gas, electricity and home heating oil compared to 2019. Bills for gas and electricity in particular increased strongly, because gas became more expensive by 106 percent and electricity by 46 percent. In addition, households spent an additional 1.9 billion euros on gasoline and diesel.
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This brought total energy spending by 8 billion euros (1,600 euros per family) to around 27 billion. Without government support measures, such as lowering the value-added tax on gas and electricity and lowering the tax on gasoline and diesel, the additional bill would have been much larger. The cost of the energy crisis to households is expected to rise sharply in the coming months.