Particle.news
Download on the App Store

Bundestag Scraps Gas Storage Levy From 2026, Shifts Costs to Climate Fund

Typical families save roughly €30 to €60 a year once the charge disappears.

Overview

  • Parliament approved ending the surcharge at the turn of the year, so households and businesses stop paying it from 2026.
  • The federal government will assume roughly €3.4 billion annually for storage costs via the Klima- und Transformationsfonds.
  • The measure passed with votes from the Union and SPD, was opposed by the Greens and AfD, and saw Die Linke abstain.
  • The levy most recently stood at 0.289 cents per kilowatt-hour, and utilities say they will pass it through even though total bills may not fall proportionally.
  • Created in 2022 to fund Trading Hub Europe’s gas storage purchases, the charge ends as some warn winter supply risks could still tighten the market.