Government increase electricity bill support for vulnerable households

The Ministry of Environment and Energy announced a significant boost in electricity bill support for over 700,000 vulnerable households in October. The subsidy for households under the Social Residential Tariff amounts to 30 euros per megawatt-hour or 3 cents/kWh for all consumption, absorbing nearly all of the cost increase based on pre-crisis electricity prices. The total cost of this support for October is €4.8 million, covered by the Energy Transition Fund.