Friday, December 9 2022 Sign In   |    Register
 

News Quick Search


 

News


Front Page
Power News
Today's News
Yesterday's News
Week of Dec 05
Week of Nov 28
Week of Nov 21
Week of Nov 14
Week of Nov 07
By Topic
By News Partner
Gas News
News Customization
Feedback

 

Pro Plus(+)


Add on products to your professional subscription.
  • Energy Archive News
  •  



    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    Government adopts draft law freezing electricity prices for households


    September 26, 2022 - Robinson Marzanna

     

      Under the draft law adopted on Monday, household electricity prices will be frozen next year at 2022 levels up to certain consumption thresholds, with the baseline threshold set at 2,000 kWh annually.

      The limit will be raised to 3,000 kWh for households with a disabled person, families with at least three children and farmers.

      Additionally, households that manage to reduce their electricity consumption by at least 10 percent next year will get a 10-percent discount on their total annual bill.

      The freezing of tariffs will cost the Polish budget around PLN 23 billion (EUR 4.84 billion), the government said in a statement following Monday's sitting.

      Now the bill goes to the Sejm, the lower house of the parliament.

      Poland relies heavily on coal in electricity production and faces shortages due to an embargo on Russian coal imposed when Russia invaded Ukraine, thus the prices of the commodity have spiked. Additionally, Polish power plants have to bear an above-average cost of the EU's emission allowances (ETS) which they need to purchase to compensate for their CO2 emissions. (PAP)

      emer/mrb/ej

    TOP

    Other Articles - International


    TOP

       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.