Romania, Chamber of Deputies adopted the draft law for the approval of the Emergency Ordinance 119/2022

, SEE Energy News

Romanian Chamber of Deputies adopted the draft law for the approval of the Emergency Ordinance 119/2022, thus accepting the amendments proposed by the ruling coalition – including a maximum electricity price of 0.26 euros/kWh (VAT included) for both residential and commercial consumers, regardless of consumption level.

The natural gas price is capped at 0.063 euros/ kWh and 0.075 euros/kWh (VAT included) for residential and non-residential users with annual consumption of up to 50,000 MWh.

Residential consumers with consumption less than 100 kWh per months will pay 0.14 euros/kWh. Monthly consumption between 100 and 255 kWh will be billed at the price of 0.16 euros/kWh. Monthly consumption between 255 and 300 kWh will be billed at 0.26 euros/kWh. Residential consumers who consume more than 300 kWh of electricity per month will pay the entire amount at the maximum price of 0.26 euros/kWh. These prices should be valid until March 2025.

A single consumer will have the price capped for only one consumption place irrespective of the number of homes they have or use.