The package centers on reductions to electricity tax and transmission system charges Amendments to the Energy Tax and Electricity Tax Acts will establish a permanently lowered electricity tax rate for companies in the manufacturing sector, as well as the agricultural and forestry industries, aligning with the EU’s minimum tax rate This follows a prior decision to eliminate the gas storage levy
According to Federal Finance Minister Lars Klingbeil, the initiative is intended to safeguard employment within Germany “By lowering energy prices, we are securing jobs in Germany” he stated, adding that over 600,000 manufacturing businesses, ranging from small workshops to large industrial enterprises, will experience tangible relief While the initial focus is on businesses, the measures are also expected to indirectly benefit citizens A broader reduction in electricity tax for all consumers is not currently planned
