June 24, 2014 / 10:11 AM / in 3 years

German industry to pay higher renewable surcharge - draft law

BERLIN, June 24 (Reuters) - German industrial companies producing their own electricity will pay a higher renewable energy surcharge than previously envisaged, according to a new draft law on renewable energy law taking into account criticisms from Brussels.

According to the draft law seen by Reuters on Tuesday, industrial companies producing their own electricity in new ecological or combined heat-power plants would pay 30 percent of the renewable energy charge in 2015.

In 2016, they would pay 35 percent of the current 6,24 cents per kilowatthour surcharge, rising to 40 percent from 2017.

Existing plants and small plants such as solar modules on roofs would remain exempt from the surcharge, while other new plants would pay the full surcharge. The plan until now had been for industry to pay 15 percent of the surcharge. (Reporting by Markus Wacket; Writing by Annika Breidthardt; Editing by Stephen Brown)

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