Germany will cut a power surcharge levied on consumers to support renewable energy by 42.7% to help households cope with soaring energy prices, network operators said on Friday. Germany and other governments in Europe are seeking to provide relief for consumers as gas prices skyrocket. read more The reduction in the German levy, to 3.723 euro cents per kilowatt hour (kWh), confirms a Reuters report on Thursday. It will not take effect until Jan. 1. read more The government will help fund the cut with 3.25 billion euros ($3.77 billion) in revenue collected from carbon taxes. The fee, which was reduced by 3.9% last year to help the […]