Federal government wants to reduce electricity prices for industry
The German government wants to reduce the price of electricity for industry through a tax reform. According to the Deutsche Presse-Agentur, the plans include a significant reduction in electricity tax for the manufacturing industry and an extension of the existing electricity price compensation for companies that are particularly affected by high electricity prices. The "Handelsblatt" newspaper first reported on the plans.
The proposed tax reform by the Federal government aims to lower electricity prices, benefiting various sectors within the industry. To achieve this, significant reductions in electricity tax for the manufacturing sector and an extension of the electricity price compensation are planned.
Source: www.dpa.com