Electricity, gas subsidies same for May, totaling nearly €600m

Electricity and gas subsidies covering household, professional and business consumption in May will most likely remain unchanged compared to the previous month, resulting in a support package worth a total of nearly 600 million euros.

The government is expected to officially announce its subsidy package for May within the next few days.

Wholesale electricity price levels have changed only slightly between March and April. The price level was over 242 euros per MWh from the beginning of April until yesterday, slightly below the level of 272.68 euros per MWh at the end of March.

Assuming energy subsidies will remain unchanged for consumption in May, households consuming up to 300 KWh in electricity can expect subsidy support, for the month, worth approximately 72 euros.

Professionals should receive subsidies worth 130 euros per MWh, while small and medium-sized businesses can expect subsidy support worth 230 euros per MWh for supply up to 25kVA.

Household natural gas subsidies should reach 40 euros per MWh.