255 million euros had been paid in electrical energy credit score – That’s how a lot the credit score lowered the electrical energy invoice – Muricas News

Households acquired a complete of 255 million euros in retroactive electrical energy credit from November to February.

That is reported by Statistics Finland, which has collected the info from power firms. The power firms included within the survey cowl roughly 70 % of the electrical energy bought to households.

The entire quantity of the refund was clearly under the quantity reserved for it, i.e. 400 million. December’s electrical energy payments had been compensated essentially the most, with a complete of 80 million euros. In December, the typical market value of electrical energy was significantly excessive, 27 cents/kWh.

The figures printed now concern the interval between November and February. The typical value of electrical energy on this interval was 13.52 cents/kWh. When the rebate acquired by households is deducted from the value, the typical value turns into 10.85 cents/kWh.

The typical value subsequently decreased by about 20 % because of the impact of the refund.

Statistics Finland says that the prices of electrical energy rebates fell under the funds provision as a result of the winter was gentle and windy. In keeping with Statistics Finland, profitable financial savings talks additionally lowered each the market value of electrical energy and lowered electrical energy payments.

The electrical energy credit score was one type of authorities help that was used to compensate for the influence of the elevated electrical energy value on households. Different types of help had been the discount of the worth added tax fee, the electrical energy discount in taxation and Kela’s electrical energy help for low incomes.

The electrical energy credit score was paid retroactively to households based mostly on the electrical energy invoice for November-December 2022 and January 2023. Reimbursement was paid to households whose electrical energy contract value exceeded 10 cents/kWh and to shoppers who had an change electrical energy contract.

The quantity of the refund was 50 % of the VAT gross sales value of the electrical energy, from which the month-to-month deductible of 90 euros was first deducted. The compensated quantity was a most of 700 euros per 30 days.

The refund was paid in two installments. The refund quantity of the primary installment was calculated from the November and December electrical energy payments. The quantity of the refund for the second installment was calculated in keeping with the electrical energy invoice of January 2023 and it was multiplied by two to cowl February as effectively.

Correction 30.6. at 10:20 a.m.: Opposite to what was mentioned within the introduction, 255 million euros, not 255 euros, had been paid. In different elements of the story, the quantity was appropriate.