Peter Adrian_Reaktion
Reaction Translated from German with AI assistance

Reduction in electricity tax is overdue and necessary

German Chamber of Commerce and Industry (DIHK) on the German government's announcement to reduce electricity tax for all

Federal Chancellor Friedrich Merz has announced plans to reduce electricity tax for all companies and households to the European minimum. DIHK President Peter Adrian comments:

12.10.2026 - “The reduction in electricity tax is overdue and necessary. It provides relief for businesses and strengthens the demand for renewable electricity. It is good that the German government is fulfilling this promise from the coalition agreement, especially as they are already cutting the promised subsidy for grid charges.

Germany has some of the highest electricity prices in Europe. Given the war in the Middle East and the overall rising energy costs, any relief for businesses is crucial. A typical hotel, for example, would benefit from an annual saving of around €10,000 due to a reduction in electricity tax to the European minimum, while a shopping centre would save €200,000, and a large data centre about €1 million.

At the same time, reducing electricity tax sends a vital signal for climate protection. Lower electricity prices make the switch from fossil fuels to electrified processes more attractive.

What matters now is swift action following these words. Given the cost burden on businesses, every month counts.”

Relevant in topic:
Key areas:
  • Climate
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It has been translated with the assistance of AI.
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Löffelholz, Julia_test

Julia Löffelholz

Spokesperson