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RWE CEO Expects Lower Electricity and Gas Prices in 2026
Markus Krebber, CEO of Germany’s energy giant RWE, has forecasted a decline in electricity and gas prices for consumers this year. Supported by a substantial federal subsidy aimed at reducing electricity costs, wholesale electricity prices are expected to remain stable, which will contribute to a net reduction in household energy bills. Krebber highlighted that the German government is providing a multi-billion-euro relief package that subsidizes grid fees, helping to alleviate the financial burden on consumers in 2026. This development is poised to benefit electricity users across Germany, including expatriates, international students, and foreign workers who often face high living costs associated with energy consumption [Source 2].
Impact on Expats and Practical Considerations
The anticipated decrease in energy prices is particularly relevant for expats and international residents in Germany, who typically need to manage utility costs carefully to maintain their budgets. With grid fees being subsidized, many consumers may see their final electricity and gas bills reduced. This could also affect rent-inclusive utility arrangements, potentially lowering monthly housing expenses. Expats should monitor their utility statements carefully in 2026 to assess changes and ensure they benefit from these subsidies. While exact savings will vary depending on individual consumption and tariff plans, the stabilization of wholesale prices, coupled with government support, suggests more predictable and possibly lower monthly energy costs [Source 1] [Source 2].
Outlook for Gas Prices and Longer-Term Stability
In addition to electricity, gas prices are expected to fall within the next two years. Krebber attributes this trend to Germany increasing its supply of liquefied natural gas (LNG) from diverse international sources, expanding the availability and competition in the gas market. This influx of LNG is projected to ease costs for gas users, including households and businesses. Furthermore, while Krebber anticipates medium-term stability in energy prices thanks to cheaper generation methods, he cautioned that network utilization fees (Netzentgelte) might rise in the future. Expats relying on gas heating or cooking should stay informed about their providers’ offers and potential tariff adjustments to optimize their energy expenses [Source 2] [Source 4].
For further details, readers may consult the original report from Tagesschau at here.
