The Slovenia Times

Energy prices to be capped for public institutions

EconomyEnergy

After capping electricity prices for households and companies and prices of natural gas for district heating, and regulating heating oil prices, the government will now also curb electricity and gas prices paid by public institutions, utilities, agencies and funds, and municipalities.

Under a draft regulation released on the government website as part of the public consultation period, electricity suppliers would be required to supply 80% of the customer's 2021 consumption at the regulated price in 2023, and gas suppliers 80% of the projected consumption.

The maximum retail electricity price proposed is €207 per megawatt-hour (MWh) for the day rate, €148.5 for the night rate and €186, excluding VAT, for the single tariff.

The maximum retail price of natural gas for public institutions, utilities, agencies and funds, and municipalities is to be set at €95 per MWh.

Suppliers will not be allowed to suspend supply and will need to provide the client with an offer on request. However, they will be not allowed to set any new conditions that they did not set in 2021.

The gas prices regulation will not apply for consumers that already benefit from the regulation capping natural gas prices for households, basic social services, kindergartens, primary schools, community health centres and small companies.

According to the newspaper Finance, current offers for electricity supply in 2023 range from €400 to over €500 per MWh. The paper gives the example of the Association of Social Institutions, which represents 81 care homes and other social care providers.

The association received one offer, from HEP Energija, which has been their supplier so far and which set the price at €462.23 per MWh for the day rate, €298.21 for the night rate and €402.14, excluding VAT, for the single tariff.

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