Romanian Prime Minister Niculae Ciuca announced the change of the conditions for the application of the support scheme for energy consumers. The measures will be applied for February and March 2022, for all consumers, whether residential or industrial.
According to PM Ciuca, the energy cap will decline from 0.2 to 0.16 euros per kWh. The consumption limit for which this price will be used will increase from 300 kWh to 500 kWh. Basically, there is a compensation of 0.06 euros/kWh, which will mean that residential consumers will be charged 0.14 euros/kWh. Also, commercial consumers, the price will be capped at 0.2 euros/kWh.
For natural gas, the cap will be changed from 0.075 to 0.063 euros per kWh, and the consumption limit for five months will increase from 1,000 to 1,500 kWh. Also, a 40 % discount will be applied, a percentage increased from previous 33 %, which would lead to a price of 0.045 euros per kWh. Also, for small and medium enterprises, schools, hospitals, churches, food industry, a price of 0.075 euros/kWh will be guaranteed.
PM Ciuca said that the impact of the measures on the state budget for these two months will be over 600 million euros.
These changes will to be introduced by an emergency ordinance within two weeks. If the price evolution continues to produce negative effects, the Government will have a continuous process of analysis so that it can take the appropriate measures, PM Ciuca concluded.
