18.03.2022

ROMANIA APPROVES ELECTRICITY AND GAS PRICE CEILING FOR 1 YEAR

The Romanian government has approved an emergency decree to set a one-year ceiling on electricity and gas prices for both household and industrial consumers, Minister Virgil Popescu was quoted as saying by Agerpress.

"Romanians will have the support of the government to pay for energy bills for another year! The new measures, which take effect on April 1st, will benefit 8 million households for electricity and all households for natural gas, regardless of consumption", pointed out the Minister of Energy.

The price of electricity will be up to RON 0.68 per kilowatt-hour (the euro is exchanged for RON 4.95) including VAT for household consumers, whose average monthly consumption in 2021 was up to 100 kilowatt-hours. Household consumers, whose average monthly consumption in 2021 was between 100 and 300 kilowatt-hours, will pay up to RON 0.8 per kilowatt-hour.

The price of gas will be up to RON 0.31 per kilowatt-hour including VAT.

For non-household consumers, the price of electricity will be up to RON 1 per kilowatt-hour with VAT, and for gas - up to RON 0.37 per kilowatt-hour with VAT for annual gas consumption in 2021 up to 50,000 kilowatt-hours, as well as for heat producers, intended for other customers.