Analysis

Hamburg's Water Price Rises 3.9% in 2027 as Increases Speed Up

Hamburg's water price rises 3.9% to €2.13 per m³ net in 2027, after 3.0% in 2026, against about 1.7% a year from 2016 to 2025.

On 20 October 2026 Hamburg's Senate approved a 3.9% rise in the drinking water price to €2.13 per cubic meter net for 2027, with water meter base charges up 7.5%. The water price had already risen by 3.0% for 2026, to €2.05. From 2016 to 2025 it rose by a compound average of about 1.7% a year.

A decade of charges

HAMBURG WASSER's water company charged €1.71 per cubic meter in 2016 and €1.99 in 2025. The wastewater fee, charged as a public fee by the separate wastewater company, went from €2.09 to €2.41 over the same years and reached €2.49 in 2026. Together, water (net of VAT) and wastewater cost €4.54 per cubic meter in 2026 before base prices and a rainwater fee of €0.86 per square meter of chargeable area.

Revenue up, results split two ways

Group revenue reached €701.6 million in FY 2025, up from €673.5 million in FY 2024, and the group result was €113.8 million. The water company paid its €36.2 million surplus to the city. The wastewater company placed its €76.9 million result in reserves.

What the money is for

The two companies invested €227.8 million in FY 2025, and the utility has announced about €1.15 billion of investment for 2025–2029. That plan works out at about €230 million a year. The largest project with a published budget, the VERA II sludge incinerator, was budgeted at €315.1 million in September 2026, with no revised commissioning date given; in July 2025 stepwise commissioning had been planned from 2027.

The profile also sets out Hamburg Wasser's networks, treatment assets, debt, energy position, leadership changes and the regulatory dates from 2027 to 2033 that will set its next decade. The full report, Utility Intelligence Profile: Hamburg Wasser, is available for USD 99. For a free overview, read the Hamburg Wasser Utility Snapshot.

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