Quote from: stompix on Today at 04:18:19 AM

Quote from: Sithara007 on Today at 03:31:54 AM

^^^ I was trying to convert it to my local currency and €0.5635 per Kwh translates to ₹45 per Kwh. For me it sounds outrageous. I am paying around ₹7 per Kwh (and it is higher than what most of the others pay in India, ranges from ₹3 to ₹8 per Kwh).

And what's the minimum wage in India and how does it compare to the 12 euros per hour minimum in Germany?

It's a German thing and has been like so for a decade, despite your endless claims about cheap energy that did bla bla since Ostpolitik (you really love that word, don't you?) that gave all that misterious advantage for German's economy, the prices for electricity in Germany have always been atrocious. Same as gasoline price, around 1.5 euros since 2003-2004, E10 is currently 1.77/liter. Even diesel that is by default more expensive was 1.42 12 months ago and is 1.82 now in full economic doom and gloom, Germany will freeze to death, run for the hills, Europe is going bankrupt apocalypse everyone who hasn't set one foot in Europe claims because it has seen so on Russian propaganda.

Quote from: Don Pedro Dinero on Today at 04:05:22 AM

I don't know very well the details of how the energy industry works, but I can't quite explain those prices, being the average price in Spain 0,2460 €/kWh nowadays (The link I have provided gives data from the end of May. At the moment it is a bit more expensive but nowhere near 47 cents).

It's as I mentioned, a German thing, Germany had those differences inprices even before all this mess, this is a document showing prices from 1980:
http://aei.pitt.edu/80172/1/1980_-_1987.pdf
It mentions ~30 pf/kwh, that's 15 euro cents while per comparison the french regions had 60 centimes, which is 9 euro cents.

Quote from: Don Pedro Dinero on Today at 04:05:22 AM

I say this because Spain doesn't have oil either, it only has 5 nuclear power plants,
~
I don't understand how it can be so much cheaper than Germany.

Well, you answered your own question.

I know that in the US the cost of electricity is 5-12 cents, with such electricity prices, the production of many goods will become uncompetitive.With a minimum wage of 12 euros per hour, citizens have nothing to worry about, but how things are with pensioners.What is their minimum income per hour or day if they live on only one pension?