Comment Re:So not a total ripoff anymore? (Score 1) 365
In eurocents, my local power company (37 GW installed capacity) charges 3.83 ct/kWh, and they are highly profitable.
Of course, our power company is owned by the government, the rates are set by the government (at levels that are still very profitable), and all their power generation capacity is renewable with plants lasting for many decades (hydro). I realize that not everywhere has anything like the hydro capacity available, but nuclear plants can last similar amounts of time, and solar prices can be much lower than what power costs in Germany (perhaps why solar is becoming so popular there). Unsubsidized solar costs less than half those prices you're quoting for Germany.