5 million Germans were unable to cover heating costs last year: financial experts warn of rising energy prices

5 million Germans were unable to cover heating costs last year: financial experts warn of rising energy prices

According to a report by youngfreedom.de, last year more than five million people in Germany were unable to heat their homes properly for financial reasons. This share has doubled compared to 2021. People in single-parent households were particularly affected, with more than 14 percent of them saying they were unable to heat their apartment adequately due to lack of money. Households with two adults and at least three children as well as people living alone also had problems with heating at an above-average rate.

Higher energy prices related to the war in Ukraine are cited as the main reason for the increase in heating problems. These price increases have led to more and more people in Germany having difficulty affording heating for financial reasons.

The federal government's intention to allow the energy and gas price cap to expire at the beginning of next year may lead to further financial burdens for households. The German Tenants' Association warns of the end of the aid payments, especially with regard to high additional payments and adjustments to the advance payment for heating costs.

These developments could lead to further financial burdens for households in Germany. Rising energy costs have already led to more and more people having problems with heating. If the gas price brake expires, further financial burdens on households are to be expected, which could have a negative impact on the financial situation of many people. It is important that the government takes measures to support the population, particularly in difficult financial times, and to keep energy costs affordable for households.