German heating costs to rise sharply; oil and gas hit hardest, heat pumps stable

The annual Heizspiegel report projects significant increases in heating oil and gas prices for German households in 2026, driven by global crises and rising energy costs, while heat pumps and district heating remain comparatively stable. This adds to cost-of-living pressures and underscores the economic strain on energy consumers. The report is a forecast, so actual price movements remain uncertain.