Revenue RWE Energy

RWE Energy recorded a gain of 13 % to €30.4 billion. At €19.8 billion, electricity revenue was also 13 % higher than in 2007. The aforementioned expansion of the sales volume contributed to this. Moreover, we had to increase prices owing to the rise in energy procurement costs and expenses incurred to comply with the German Renewable Energy Act (EEG). Our German regional companies lifted their general tariffs either in 2008 or in the second half of 2007 in the household and small commercial enterprise segment. Another factor contributing to the rise in revenue was the full consolidation of eprimo in the prior year. The web-based electricity and gas sales specialist was included in our figures as of April 1, 2007. External revenue from gas sales at RWE Energy rose 17 % to €9.7 billion. The substantial rise in gas procurement costs compared to 2007 caused us, and our competitors, to increase prices. All of RWE’s regional companies raised their tariffs over the course of the last financial year. The development of our gas revenue in the Czech Republic benefited from the appreciation of the Czech crown over the euro.