Electricity costs are soaring despite price controls and state aid, figures have shown
Household energy bills in the Netherlands are up drastically from last year, despite government subsidies and a consumer price cap.
The average gas and electricity bill rocketed by 37% in June compared to the same month of last year, data released last week by Statistics Netherlands (CBS) revealed. The increase will add €630 ($702) to annual household energy costs, bringing the average bill to €2,320 ($2,586) per year, compared to €1,691 last June.
Wholesale energy prices across the EU rose dramatically last year as Russian supplies shrank, following sanctions resulting from the Ukraine conflict.
Last
October, the Dutch government announced a relief package of €23.5
billion to compensate for the rise in energy tariffs.
The country has
also introduced a consumer price cap, amounting to €1.45 per cubic meter
of gas and €0.4 per kilowatt hour of electricity.
However, even
with state aid, energy bills in the country are still higher than last
June, partly due to increased taxes, the NL Times news outlet noted.
The Dutch government has provided fewer tax discounts on energy, while a temporary reduction in the VAT rate has also been reversed.
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