Italy Braces for €15.2 Billion Energy Cost Surge in 2026
Italian households and businesses are set to face a sharp rise in energy costs next year. A new forecast by the Cgia trade association predicts an extra €15.2 billion in expenses for 2026. The group warns that government funding of €3 billion may not be enough to ease the pressure.
The expected increases come as electricity prices hover around €150 per MWh and gas reaches €50 per MWh. These figures mark a significant jump from current levels, with gas now trading near €58 per MWh and electricity above €148 per MWh. The situation contrasts with the 2022 energy crisis, when prices spiked even higher.
Lombardy will feel the biggest impact, with costs climbing by €3.4 billion. Veneto and Emilia-Romagna follow, each facing an additional €1.7 billion, while Piedmont's bills will rise by €1.3 billion. Tuscany and Lazio are also affected, with each region shouldering around €1 billion in extra expenses. Businesses will carry most of the burden, paying an extra €9.8 billion. Households, meanwhile, will see their costs grow by €5.4 billion. The total rise breaks down to €10.2 billion for electricity and €5 billion for gas. While the government has allocated €3 billion to help, the Cgia warns this may fall short. Current support measures focus on subsidies for battery storage systems and electric vehicles, but no direct protection against 2026 price hikes has been announced.
The predicted increases threaten to squeeze household budgets and strain company finances. Without further intervention, the €15.2 billion rise could leave many struggling to manage higher energy bills. The Cgia describes the situation as a severe blow to Italy's economic stability.
