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Qirille (Edited)

Economy

Major German Landlord to Throttle Heating for Residents at Night due to Gas Shortage

Residents will only be able to heat their apartments to 62.6 degrees Fahrenheit by the autumn

Vonovia, the largest German landlord company will throttle heating at night for its residents, over predicted gas shortages and price hikes.

The company, which owns approximately 490,000 different apartments across Germany, is set to cut the available heat output between 11 at night and 6 in the morning, restricting residents to only being able to reach 17 degrees Celsius of heating (62.6 Fahrenheit).

Heating will continue as normal throughout the daytime, and the supply of hot water will not be affected during the night time period, a spokesman for Vonovia said. The new schedule is set to be rolled out during the summer months, with it fully in place by the time autumn arrives.

In Germany, where stable rental costs have resulted in overall culture of renting across most middle class households, tenants pay a fixed price for heating based on an annual average estimate. Landlords are then able to ask for more money at the end of each year, or can pay residents a refund if the estimated price was higher than expected.

Sky-rocketing energy prices, including gas, have been sparked by high rates of inflation, along with a restriction of the flow of gas into Germany, with Russia restricting the amount sent to Europe via the Nord Stream 1 pipeline. 55% of Vonovia’s heating system, which utilises multiple energy companies, is supplied with gas.

German landlord companies warned about potential price increases at the start of June, including Vonovia, and their major rival LEG, due to the inflation seen across Western economies. “If inflation is permanently at 4%, rents will also have to rise accordingly each year in the future,” said Vonovia’s Rolf Buch.

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Buch predicted that the rising price of gas and energy were like to cost tenants approximately two months of rental fees every year, having already increased the rent by 3.1% on average in the first quarter of 2022.

Jack Hadfield
Written By

Jack Hadfield is the Associate Editor at Valiant News. An investigative reporter from the UK, and the director and presenter of "Destination Dover: Migrants in the Channel, his work has appeared in such sites as Breitbart and The Political Insider. You can follow him on Gab @JH, on Telegram @JackHadders, or see his other social media by visiting jackhadfield.co.uk.

6 Comments

6 Comments

  1. Avatar

    Bruce_in_AZ

    July 8, 2022 at 1:34 pm

    Merkel shut down the nuclear plants making Germany more dependent on Russia for energy. She came from East Germany. The only question is she malicious or stupid.

  2. Avatar

    Katie

    July 8, 2022 at 2:36 pm

    Remember when President Trump stated that Germany would pay a price for their dependence on Russian Oil and he was laughed at? Who is laughing now? LOL

    • Avatar

      Mr Mustashe

      July 9, 2022 at 3:30 am

      Shut up!… you’re ignorant!

  3. Avatar

    Ernst

    July 8, 2022 at 3:42 pm

    The German people should remember to thank Angela Merkel for this. She took the short term gain; you get the long term pain.

  4. Avatar

    dlmstl

    July 8, 2022 at 7:56 pm

    Winters in N Europe can be long and brutal. If the war in Ukraine continues through years end in favor of Russia, look for Putin to apply maximum pressure with energy supplies. Don’t forget, Russia remain a Communist dictatorship. Polling means little or nothing. Sacrificing for the Motherland is still a large motivator for the masses and Putin knows it. Going to be interesting to watch German reaction having to accept a rather chilly 62 degree nighttime temperature.

  5. Avatar

    Mr Mustashe

    July 9, 2022 at 3:34 am

    I don’t see a single roof with photo-voltaic cells!… something Trump discouraged! I’m glad he’s gone!

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