![[Ticker] Germans face €480 gas bill spike](https://media.euobserver.com/6e5f90e3e78121ba09aefe7419b47a16-800x.jpg "[Ticker] Germans face €480 gas bill spike")
Households in Germany are set for an annual €480 increase for gas as part of levy to wean the country off Russian supplies. German gas market operator Trading Hub Europe said it had set the charge at €2.419 cents per kilowatt hour (kWh). The levy will be imposed from October 1 and until April 2024 in an effort to ease the costs for its Russian gas importers.
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