US EditionEU Urges Member States to Lower Taxes on Energy
Electricity taxes make up 25% of household bills across the EU, and reducing them could save the average household about €200 annually, the European Commission said.
- In Brussels, the commission argued that cutting electricity taxes could substantially reduce consumer bills, with Jorgensen saying it should be temporary and targeted.
- Amid US-Israeli strikes and Tehran's retaliatory attacks, disruptions have nearly halted activity in the Strait of Hormuz, a route for a fifth of the world's crude supplies.
- The commission recommended that energy suppliers provide customers tailored tariff advice, urged removing technical hurdles to switching, and noted taxes account for 25 percent of household bills and 15 percent for businesses across the 27-nation bloc.
- Cutting levies could save the average household about €200 a year, the commission said, while European businesses and consumers say high energy costs hurt competitiveness versus Asian and North American rivals.
- Jorgensen said, 'It needs to be temporary and targeted measures, so we're not talking about changing fundamentally the structure of price setting'.
27 Articles
27 Articles
The EU Commission wants lower energy prices for consumers. Member States should reduce the electricity tax for households to the European minimum. For this, the authority wants to put more emphasis on nuclear power again.
The European Commission for Energy, Dan Jorgensen, has recommended that Member States of the European Union which have budgetary resources should reduce energy-related taxes, in particular electricity, to reduce the impact of the increase in the prices generated by the war in the Middle East. The European Energy Commissioner's article proposes measures to reduce household consumption rates by EUR 200 per year: "There is a price problem which we …
European Energy Commissioner Dan Joergensen today called on EU member states to reduce energy taxes to lower household energy bills. This could also be done by making it easier for consumers to switch energy suppliers, the commissioner said at the presentation of the energy package.
The Local - Dk
EU countries urged to lower energy taxes to reduce consumer bills
EU's energy chief Dan Jorgensen called on member states to help consumers and businesses by lowering taxes on energy where possible, as war in the Middle East saw oil and gas prices surge.
European Energy Commissioner Dan Jorgensen recommended March to Member States that allow them to reduce energy taxes, particularly electricity, in order to compensate for the increase in prices caused by the Middle East war, informs...
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