[Q4 2021] Urgent measures to contain the effects of price increases

Decree-Law 27 September 2021, n. 130 ("Urgent measures to contain the effects of price increases in the electricity and natural gas sector "), includes measures to contain the bills of households and SMEs. These are:

• Cancellation of general electricity and gas system charges in the last quarter of 2021 with available power lower than 16.5 kW, or with power higher than 16.5 kW used for public lighting and charge of electric vehicles.
• Reduction of the VAT rate on gas by 5% utilities in the last quarter of 2021.
• Tariff concessions in favour of vulnerable people referring to the last quarter of 2021.

These measures are limited to Q4 of 2021 with at total cost of EUR 3.538 billion.

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