Taking into account the rising energy costs and potential repercussions on society, the government is seeking to make revisions that would make more households eligible for subsidized electricity through the Social Residential Tariff (KOT) program.
The administration is looking to loosen KOT-related income and property criteria for the entry of several hundred thousand more households to the program.
The government also aims to increase the KOT subsidy program’s discount rates for electricity, currently ranging between 45 and 60 percent, depending on income levels, property assets and electricity consumption levels.
Under the current criteria, 450,000 households are eligible for electricity subsidies through the KOT program.
Additional funds are believed to be available to make the subsidies available to a greater number of households, but the finances may not suffice to cover the full extent of the expansion sought by the government.