Overview
- From 1 January 2026, the federal government will abolish the consumer‑paid gas storage levy, covering the costs with about €3.4 billion from the Climate and Transformation Fund.
- Parliament backed a €6.5 billion subsidy for 2026 electricity transmission charges in a 312‑vote approval, aiming to lower power prices for households and businesses.
- Comparison‑portal data show 113 regional suppliers plan electricity price cuts averaging 9% for 2026, worth roughly €161 a year for a 4,000 kWh household, with about 2.2 million basic‑supply customers affected.
- Gas tariffs are mixed: 69 basic suppliers announced average reductions of 7% for roughly 700,000 households, while 10 suppliers signaled increases of about 6%, reflecting uneven pass‑through.
- Officials cite roughly €10 billion in combined relief from the grid subsidy and levy removal, though experts warn that only part of the theoretical savings may reach end customers and benefits depend on fuel type and region.