The state covers 50% of electricity costs over 90 euros per month

Households that pay more than 10 cents per kilowatt-hour for electricity receive compensation, and the maximum amount is 700 euros per month. Its amount is calculated based on the electricity costs incurred in November and December.

The ministers also stated that the system should not cost more than 400 million euros.

Both and reported on Monday that the five government parties argued about the government’s comprehensive share of electricity costs, and in particular the SDP and the Left Alliance have demanded that the share be raised above 50 percent. However, the Center and the Ministry of Economic Affairs and Employment insist that the share not be increased due to the possibility of overcompensation.

According to the latest calculations, compensating 60–70 percent of electricity costs would cost more than 500 million euros, according to Helsingin Sanomat.

Päivälehti also wrote that the negotiations dragged on as the governing parties considered ways to help households that have renewed or are renewing their electricity contracts during or after December. The more support given to this large group of households, the less funding is available for the main compensation system.

Aleksi Teivainen – HT

Source: The Nordic Page


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