The electricity tax will be reduced to the EU minimum in 2024 and 2025 for the manufacturing trade to industry. This is a relief of 2.75 billion euros. There is no intervention in the industrial flow price.
The Federal Government wants to push the electricity price for the economy through a tax reform. According to information from the German Press Agency (dpa), the traffic light is planning, among other things, a significant reduction in electricity tax for the manufacturing trade and an expansion of the previous electricity price compensation for corporations that suffer particularly from high electricity prices. The “Handelsblatt” first reported on the plans.
Electricity tax reduction initially applies to 2024-2025
The planned reduction in electricity tax should initially be regulated by law for the years 2024 and 2025. According to the Federal Government, the lowering should apply for another three years, provided that counter -financing in the federal budget can be presented for the years 2026 to 2028.
Chancellor Olaf Scholz (SPD), Minister of Economics Robert Habeck (Greens) and Finance Minister Christian Lindner (FDP) had agreed on additional relief for companies for the next five years, it said. In particular, companies with a particularly electricity -intensive production will benefit from the electricity package, and the manufacturing trade is also relieved.
The electricity tax is to be reduced from currently around two percent to the European minimum of 0.05 percent. Not only large industrial groups benefit from this, but also medium -sized companies.
