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Germany Scraps Gas Storage Levy and Subsidizes Grid Fees for 2026 to Cut Energy Bills

Funding from the climate transformation fund targets roughly €10 billion in 2026 with savings varying by supplier and region.

Overview

  • From January 1, 2026, gas customers will no longer pay the Gasspeicherumlage, with the federal government covering about €3.4 billion from the Klima- und Transformationsfonds.
  • The Bundestag approved a €6.5 billion subsidy to transmission network charges for 2026 to lower electricity costs for households and businesses.
  • Officials and outlets characterize the combined measures as providing around €10 billion in relief next year.
  • Verivox reports 113 regional suppliers have announced electricity price cuts averaging 9% and 69 have flagged gas reductions averaging 7%, with Rheinenergie and MVV confirming double‑digit power price drops.
  • Pass‑through to end customers remains uncertain as some providers are still raising gas prices and experts expect only part of the relief to reach bills, with the levy removal directly benefiting gas users only.