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In November, pellets became somewhat more expensive on a national average in Germany. The price for one ton (t) is 229.82 euros if a quantity of 6 t is purchased. This is 1.1 percent more than in October, but 9.5 percent less than in the previous year.

The price per kilo is accordingly 22.98 cents, the kilowatt hour (kWh) of heat from pellets is available for 4.60 cents. There is currently a price disadvantage of almost 15 percent compared to heating oil. The price advantage over natural gas is approx. 25 percent.

“As expected, the typical seasonal price trend for pellets can now be seen: low in summer, slightly higher in winter,” explains Martin Bentele, managing director of the German Pellet Institute (DEPI). This is due to both the higher demand from larger customers and the somewhat more complex production conditions during the cold season. As a DEPI survey of retail companies all over Germany has shown, the warehouses are well stocked and the storage capacities are constantly being expanded. This means that the numerous new pellet heating systems can also be supplied without any problems.

Regional prices

The following regional differences arise in the price of wood pellets in November 2020 (purchase quantity 6 t): In southern Germany, pellets are the cheapest at EUR 225.91 / t and are almost unchanged from September. In the regions of Central Germany and North / East Germany, the price for pellets rose slightly to EUR 231.24 / t and EUR 235.18 / t.

Larger quantities (26 t) will be traded in November 2020 at the following conditions:South: 212.86 euros / t, Central: 215.00 euros / t, North / East: 220.93 euros / t (all including VAT) .

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