Germany is improving its climate targets. In mid-May, the Federal Cabinet launched a new version of the Climate Protection Act. One of the goals of the Federal Republic of Germany is to become climate neutral by 2045. In addition to new climate targets, the federal government is also planning a new resolution on the CO2 price. Accordingly, landlords should pay half of the cost of the oil and gas levy in the future – and no longer just the tenants.
Currently, this cost sharing is on the brink. On Tuesday, the Union faction gave the plan a clear rejection. In the new episode of the real estate podcast “Management Report”, the directors of the iib Institute, Peter Hettenbach and Katharina Ivankovic, discuss what the debate and its possible outcome could mean for tenants and landlords.
Pay attention to the energy certificate
“Getting an overview is exhausting,” admits Ivankovic. In order to know what the CO2 price means for their own apartment, owners and tenants should determine their energy requirements, she advises. The energy certificate helps. “You have to get it from the landlord, even before you move in,” says Ivankovic. Hettenbach adds that a distinction must be made between the requirement and the consumption certificate. “The need is theoretical and says something about the insulation and building materials,” says Hettenbach. “The consumption says something about the resident but not about the building materials.”
But what is most important for the energy requirement is how the residents of the property live and heat in it. As an example, Hettenbach Ivankovic’s 55 square meter apartment: With a consumption of 150 kilowatt hours per square meter and year, it would use around 825 liters of heating oil in one year. “That is an average value,” said Hettenbach. In a new building or a plus-energy house, significantly lower quantities could arise, but in an old building with poor insulation this could be significantly more.
With a heating oil price of around 70 cents per liter and a CO2 surcharge of around 8 cents, the apartment cost almost 550 euros per year for heating oil and 60 euros for the CO2 tax. “So it will be around 10 percent more expensive,” says Hettenbach. That would be around 1 euro per square meter per month. “That’s already money for a household,” he says.
The aim of the levy is to promote climate protection in the real estate sector. In the current debate, however, the predominant question is who will pay for the CO2 price. “It feels a bit like a positional war,” says Ivankovic, describing the debate. Both sides could benefit if real estate consumes less energy.
You can also hear in the ninth episode of the “Management Report”,
- how consumers can become active when there is a demand for energy,
- whether a renovation is financially worthwhile for the landlord,
- how to calculate the energy demand with natural gas.
You can find all episodes directly at Audio Now, Apple or Spotify or via Google.