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“Energy package”: These are all government measures against high energy prices

March 20, 2022
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“Energy package”: These are all government measures against high energy prices
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Energy Minister Leonore Gewessler and State Secretary and Finance Minister Magnus Brunner have presented a new “energy package” containing measures worth more than 2 billion euros against skyrocketing energy prices. “Together with the package of 1.7 billion that has already been decided, we will relieve the Austrians and the economy with around 4 billion euros,” said the two ministers.

50% increase in the commuter allowance and quadrupling the commuter euro by June 30, 2023. One-time negative taxable amount of 100 euros for negative tax recipients. → This brings relief of over 400 million euros.
 At the same time, we are making EUR 150 million available this year for price reductions in public transport and the expansion of services. This gives an incentive to switch to public transport if possible.
 Since the gas and electricity prices in particular represent a massive additional burden in everyday life and for companies, we are reducing the specific energy taxes (natural gas tax and electricity tax) by around 90% by June 30, 2023. → Relief of around EUR 900 million.
 An instruction is issued to the antitrust attorney (BMJ) to control the oil industry and companies in the oil/diesel/petrol value chain. A description of the facts is also sent to the BWB.
Agricultural diesel cost compensation, elaboration of the details within the framework of the possibilities under European law (limited to 06/30/2023)
 Compensation of rising energy costs in public transport to prevent price increases. (Eg: school trips)
Relief for domestic SMEs with high fuel costs, especially in the craft and EPU sectors, via a fuel refund with a volume of approx. 120 million (limited until June 30th, 2023).
 Liquidity support for companies by reducing the advance payments of the income tax / corporate tax payments (limited to June 30th, 2023)
 Support for companies to quickly switch to alternative, decarbonized drive forms: a total of 120 million euros for 2022 and 2023.
 Investment offensive for energy independence for wind power and photovoltaic projects: a total of 250 million
In this way we reduce the costs of everyday life for Austrians and give our companies more air to breathe.

Tags: energygovernmenthighmeasuresPackageprices

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