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Monday, August 15, 2022

Gas prices caped, commissions plan for weaning off Russian gas

By: J.S., STA

The government decided to cap as of 1 September gas prices for households, small companies and basic social service providers. Excise duty remains halved, while VAT will be reduced from 22% to 9.5%.

The government also tasked the country’s main gas supplier to draft an action plan for complete suspension of Russian gas in three years. The prices of gas for households will be capped at EUR 0.07300 per kW7/h excluding VAT, while the cap for small commercial users and social services providers will be set at EUR 0.07900 per kW/h excluding VAT.

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