Home » today » Business » Maximum Electricity Price – Burgenland Energie wants electricity price caps for companies

Maximum Electricity Price – Burgenland Energie wants electricity price caps for companies

Burgenland Energie on Tuesday came out in favor of a cap on the price of electricity for companies. Similar to the regulation for private households, the price for companies could be capped at 18 cents per kilowatt hour, CEO Stephan Sharma suggested in the “Ö1” morning journal. For example, the EU requirement that energy producers should skim profits in excess of 18 cents per kilowatt hour can be passed on directly to companies.

The requirement provides that the profits of electricity companies that exceed the maximum limit can be collected by the state and distributed in support of electricity customers. This process is long, however, and companies should wait some time for the money, according to Burgenland Energie’s APA request. In order to quickly alleviate the burden on companies, the cap could be implemented directly by energy producers who in the future will not be able to charge more than 18 cents per kilowatt hour for their electricity. So you save yourself by skimming off excess profits.

Burgenland Energie is affected by the EU regulation as a renewable energy producer from wind energy and has to sell for 18 cents per kilowatt hour. At the same time, the company is also a customer itself and buys electricity from others, Sharma said: “As an energy supply company, we currently buy at 40 cents per kilowatt hour and at the same time only receive 18 cents on the generator side. . ” This imbalance could be solved with a maximum electricity price cap for companies, the chief executive pointed out. Like the maximum electricity price for households, this could take effect as early as December 1st. (apa)

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.