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1195124520000 | Press Release

Higher procurement costs lead to higher gas tariffs

Gas price measure 1. January 2008
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After its price drop in April 2007 EnBW will again pass on its increased procurement costs with delay and in a lesser scope

Stuttgart. The world market prices for commodities and energy increased again intensely in the past months. As a re-distributor EnBW Gas GmbH cannot elude this development. Already in October 2007 and additionally from January 2008 it has to pay notedly higher prices for the natural gas it procures, commensurate with the increased procurement costs. Owing to this reason it sees itself forced to pass on these additional costs to its customers as from 1 January 2008 and to adjust its gas prices. It will however pass on its increased procurement costs time-delayed and not in all its entirety to its customers. The last price measure took place on the 1 April 2007. The gas prices were reduced thereby by 0,37 ct/kWh (gross). The last time EnBW increased its price was 18 months ago.

For customers of EnBW Gas GmbH (basic supply EnBW ErdgasPlus) the price per kWh will be adjusted as from 1 January 2008 on average by 0,4 ct/kWh (net) or 0,48 ct/kWh (gross). The annual meter charge in the amount of 18,60 € (net) or 22,13 € (gross) will remain unchanged. With the average annual consumption of a family in this tariff zone, the adjustment will lead to additional costs in the amount of approximately 5,65 €/month (gross) and corresponds to an adjustment of 6,9 %.

EnBW Gas GmbH has regularly reviewed the suitability and with it the cheapness of its natural gas prices since the end of 2004 through an independent auditing firm. The latter confirms that EnBW Gas GmbH has not passed on its increased procurement costs in all its entirety to its customers. The present attestation, which also takes the price measure as from 01.01.2008 into consideration can be viewed on the Internet under www.enbw.com .

EnBW Gas GmbH is one of the approximately 100 gas supply companies in Baden-Württemberg and supplies predominantly customers in the metropolitan area Stuttgart.

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Corporate Communications
EnBW Energie Baden-Württemberg AG
Durlacher Allee 93
76131 Karlsruhe
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