Poland Aims to Cut Utilities’ Power Tariffs by a Fifth From July

  • Government wants to trim subsidies to suppliers. aid consumers
  • Plan has sparked concerns about impact on utilities’ finances

Residential housing in Warsaw.

Photographer: Damian Lemański/Bloomberg
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Poland is planning to cut the maximum electricity tariff that utilities can levy by 19% in order to reduce the costs of state subsidies and help shield households from the full impact of price increases.

The Climate Ministry expects maximum tariffs to be “recalculated” to about 598 zloty ($148 dollars) per megawatt-hour, compared with the existing 739 zloty, and maintained through the end of 2025, it said in the new draft setting power and heating prices from July. The final level will be set in talks between the country’s energy regulator and utilities, including PGE SA, Enea SA and Tauron SA.