A German bakery saw its gas bill rise to €330,000 ($323,900) after a new energy company terminated its contract with the business that guaranteed fixed pricing until the end of 2023.
Eckehard Vatter, the owner of the Vatter bakery chain, lamented that he was given only 14 days to pay the bill. Until a year ago, the business only paid €5,856 ($5747.66) every month for their large baking furnaces and heating.
Now, the bakery’s energy bill shot up to a staggering €75,000 ($73,612.50) – which amounted to €330,000 ($323,900) for four and a half months of energy use. The new energy supplier did not even give a reason for its 1,200 percent increase in energy prices.