Suppliers seek recovery of business-category subsidies

A number of electricity suppliers have begun procedures aimed at securing the recovery, through the Energy Transition Fund, of additional electricity subsidies offered to businesses between February and November, 2022.

Some 1.25 million businesses, including restaurants, bakeries, hair salons, shops and kiosks, benefited, during this period, from additional electricity subsidies, which supplemented the government’s standard state electricity subsidies offering to consumers as energy-crisis support.

The overwhelming majority of suppliers ended up using own company capital to cover supplementary state subsidies offered to businesses for electricity usage.

According to market officials, electricity suppliers have spent a total of over 500 million euros to finance these extra electricity subsidies offered by the government to businesses.