6% VAT, prolonged social tariff, excise duties, contracts: the CREG’s proposals to restrict vitality payments
Whereas the federal government continues to look into the measures to be taken to restrict the impression of the rise in vitality merchandise for households and companies, the CREG, the Electrical energy and Fuel Regulatory Fee presents its newest suggestions: upkeep of VAT at 6%, extension of the social tariff, reverse ratchet mechanism for excise duties and different measures to scale back the complexity of suppliers’ gives and shield clients underneath mounted contracts.
The CREG can solely observe the “exceptionally excessive and by no means earlier than seen ranges” wholesale market costs for pure gasoline and electrical energy in latest days.
The CREG observes that in Belgium, the costs of gasoline and electrical energy, each for households and professionals, are instantly linked to cost tendencies on the wholesale markets, whereas in neighboring nations, types of regulation make it attainable to restrict the passing on of wholesale costs to customers.
The CREG emphasizes the impact of the social tariff for individuals who profit from it and who at present pay round 20% of the industrial value of gasoline and 50% of the industrial value of electrical energy.
It’s on this context that the CREG makes suggestions to the federal authorities.
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