[Q1 2022] Urgent measures to contain the effects of price increases

Among the measures contained in the Budget Law 2022 (Law 234/2021) are provisions to contain energy prices, estimated in total at EUR 3.8 billion. These are:

• Cancellation of general electricity system charges in the first quarter of 2022 with available power lower than 16.5 kW, or with power higher than 16.5 kW used for public lighting and charge of electric vehicles.
• Cancellation of general system charges for gas in the first quarter of 2022.
• Reduction of the VAT rate on gas utilities by 5% in the first quarter of 2022.
• Tariff concessions in favour of vulnerable people referring to the first quarter of 2022. 

These measures are limited to Q1 of 2022.

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