Tenants from all walks of life worry about utilities | free press

by time news

Gas and electricity prices continue to rise rapidly. Tenants are increasingly worried about the pending utility bills. The fear of high bills runs through all income brackets.

Frankfurt/Main.

In view of the high gas and electricity prices, many tenants in Germany fear rising utility bills. A representative survey by the energy service provider Ista, which is available to the German Press Agency, shows that some are already saving in a targeted manner in the event of high additional demands. Around 80 percent of tenants were worried in September that they could expect high utility bills in 2023. According to the information, it was only 68 percent in May.

The fear of high discounts now runs through all social classes and is only slightly higher (86 percent) than the average among people from households with lower net incomes of up to 1500 euros. Even the wealthy are concerned: in the highest income bracket – 10,000 euros net household income and more – at 76 percent, almost as many people worry as the average population (80 percent). “We are facing a huge test, which is also reflected financially for each of us,” said Hagen Lessing, head of Ista.

A good half of the tenants want to pay the expected increase in ancillary costs in advance with higher monthly deductions (56 percent) in order to prevent a one-off high bill. A good fifth prefer a bundled higher back payment (21 percent), according to the study, in which 2070 people took part in September. However, only a minority of just under a third has already agreed a higher discount with their landlord, and 13 percent want to do so.

According to the survey, some tenants, but by no means all, save money in order to be prepared for additional payments. 11 percent said they save up to 50 euros a month, 9 percent put 51 to 100 euros aside. The 33 percent of tenants who stated that they were saving for higher additional payments saved an average of around 79 euros per month in September alone. Extrapolated to all tenant households in Germany, the Ista results in a total of more than half a billion euros saved. (dpa)

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