[Ticker] Germans face a gas bill of €480

German households are set to get an annual €480 increase for gas as part of a tax aimed at weaning the country off Russian supplies. German gas market operator Trading Hub Europe said it set the fee at 2.419 euro cents per kilowatt hour (kWh). The tax will be imposed from October 1 to April 2024 in a bid to alleviate costs for its Russian gas importers.


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