Building Modernization: Free Choice of Heating: Where Additional Costs Lurk for Landlords
The Building Modernization Act does permit the installation of new gas heating systems, but it imposes additional costs especially on landlords. They should do accurate calculations before replacing the heating system.
Berlin and Munich are reporting that more freedom is being given to homeowners when choosing their heating systems. This was a significant concern for the black-red federal government. The frustration over the heating law (GEG) of the coalition government was high, but the need for action in German multi-family homes is even greater.
About one-third of the heating units there are over 20 years old. Many landlords will therefore have to decide on a new heating system in the coming years. The successor to the GEG has now been decided: the Building Modernization Act (GModG). It brings more freedom to landlords, but also financial risks. From 2028, landlords investing in a gas heating system will have to contribute more to their tenants' heating costs.
Landlords must therefore reconsider which heating provision is most economically viable for them. What additional costs should they expect? And how can landlords determine the most economical heating technology? The Handelsblatt answers the most important questions.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
