German gas levy to be set at 2-3 eur cents per kwh - Reuters (UPD)

Germany's incoming gas price levy, which is meant to distribute the high costs of replacing Russian gas among all end-consumers, is to be set at between 2 and 3 euro cents per kWh, industry and government sources said, according to Reuters.

For an average family of four, a 2-cent levy per kWh would amount to additional costs of around €400 annually. At 3 cents, the annual costs would amount to around €600.

Trading Hub Europe, Germany's gas market operator, is expected to announce the cost of the levy later Monday, which is meant to help Uniper and other importers cope with soaring prices due to reduced Russian supply.

Germany's cabinet on Aug. 4 agreed to impose the levy from October 2022 to April 2024.

UPD: Later, official information from THE appeared, according to which the gas levy will be 2,419 euro cents per kWh.