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EU 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'.
18 Articles
18 Articles
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...
On Tuesday, the European Commission presented a package of measures to lower the electricity bill for households, including facilitating the switchover of electricity suppliers, reducing taxes and surcharges on electricity where possible, and strengthening the right of citizens to produce and share their own clean energy. Commission Vice-President Teresa Ribera has argued that the aim of the package is to place citizens at the centre of European…
The European Commission will present a package of measures aimed at reducing energy bills for households and businesses and boosting investment in clean energy, in the face of rising energy prices linked to the war in the Middle East. It also wants to encourage the development of small modular nuclear reactors in Europe. European Energy Commissioner Dan Joergensen has called on EU member states to reduce energy taxes in order to reduce household…
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