The Slovenia Times

Power prices for households and SMEs cut by 20%


"We've joined forces to come up with a solution that will alleviate concerns at least a bit at these difficult times," Infrastructure Minister Jernej Vrtovec said as he announced the decision on Twitter.

In a release posted on its website following a correspondence session on Friday, the government said it had issued a decree suspending payment of contributions for subsidies for high-efficiency cogeneration and renewables for small business consumers and households.

The suspension, valid between 1 March and 31 May, is estimated to reduce electricity bills for the two types of consumers by about 20%.

The decision comes after parliament passed in the wee hours on Friday the first legislative package to mitigate the impact of the coronavirus epidemic on the economy.

Apart from subsidised pay for temporarily laid-off workers, business will also benefit from a lifting of some administrative burdens, and a deferral of debt and tax payments.

One act gives the government complete discretion in the use of budget funds approved for purposes not deemed part of legally binding tasks, and another allows it to intervene in food markets.


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