Polish President Andrzej Duda signed a legislation that can freeze electrical energy costs for households at 500 Polish zlotys (roughly 123.6 U.S. {dollars}) per megawatt-hour (MWh) till the top of September 2025, in accordance with a press release from the president’s workplace.
Underneath the brand new legislation, native authorities items and sure delicate entities may even profit from a capped electrical energy worth of 693 Polish zlotys per MWh till the top of March 2025. This measure is anticipated to value a further 150 million Polish zlotys.
The legislation additionally requires electrical energy sellers to submit tariff adjustment purposes to the president of the Power Regulatory Workplace by April 30, 2025. The federal government estimates that the overall value of defending households’ electrical energy costs till Sept. 30, 2025, will quantity to three.732 billion Polish zlotys. (1 Polish zloty = 0.25 U.S. greenback) ■