Poland extends gas price protection for households until end of 2027

WARSAW, July 11 (Reuters) – The Polish government said on Monday it planned to postpone the liberalization of household gas prices until the end of 2027 to help consumers cope with soaring fuel costs. energy.

The Polish Energy Regulator (URE) sets prices for retail consumers, while prices for businesses are unregulated. The country planned to liberalize domestic gas prices in 2024.

“In order to protect national consumers and strategic public institutions in the face of Russia’s policy resulting in higher gas prices on European markets, it was considered justified to extend tariff protection…until the December 31, 2027,” the government said in a list of bills posted on the government’s website.

In January, Poland introduced a mechanism that protects households and public institutions against soaring gas prices until the end of 2023. read more

“However, the law was passed before Russia invaded Ukraine on February 24 this year. In the current situation, it is clear that in view of the risk of a protracted crisis, tariff protection is necessary until the end of 2027,” the government said. said.

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Reporting by Anna Koper; Editing by Susan Fenton

Our standards: The Thomson Reuters Trust Principles.

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