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Re:North American versus European distribution systems (2011) by kuschku on Monday August 26, 2019 @09:05AM (#20799533)
Considering average electricity prices around 0.34€/kWh, that’d be the fastest way to bankruptcy imaginable, beating even the "what’s the fastest way to become a millionaire? be a billionaire and buy an airline" joke.

Most German houses run on "Fernwärme", a district heating system where the cities reuse the leftover heat energy from waste incineration plants or powerplants. Another major heating source is gas. Only a tiny minority in rural regions uses oil, and that’s pretty much it — electricity is pretty much never used at all.

Re:North American versus European distribution systems (2011) by lorenzhs on Monday August 26, 2019 @10:36AM (#20800210)
Adding to blattimwind, the average electricity price is 30ct/kWh, not 34, and would be lower if people bothered to switch to cheaper providers: https://www.bmwi.de/Redaktion/DE/Artikel/Energie/strompreise... (see chart at the bottom of the page for composition and history of electricity prices)
Re:North American versus European distribution systems (2011) by blattimwind on Monday August 26, 2019 @10:19AM (#20800042)
> Most German houses run on "Fernwärme"

Actually about 50 % of households use gas, about a quarter uses oil and the remaining quarter is Fernwärme, heat pump, solar etc.