Electricity and gas subsidies for companies

The situation on the energy market is exceptionally difficult this year. Due to the significant complexity of relations between countries subsidies-for and the constantly growing inflation, electricity and gas prices have skyrocket by several hundr percent, destabilizing the economy. This is of course directly relat to Russia’s aggression against Ukraine and the decisive response of the European Union, including our country.

These political turmoils have l to structural changes in the supply of raw materials, which until now had been stable. While retail consumers are able to cope with this situation, for example by rucing electricity consumption, companies may have significant problems with maintaining financial liquidity. The matter is particularly complicat in the case of large industrial enterprises supplying key raw materials and semi-finish products to the market.

Which companies can count on funding?

The purpose of the subsidies includ in the already vot bill of the Ministry of Development and Technology is to save businesses that could disappear from the market due to drastic increases in electricity and gas prices in the period from February to December 2022. Sectors have been specifi that are more expos than others to buy telemarketing data the effects of the ongoing crisis. These include, among others, the steel industry, ceramics, nitrogen fertilizer production, and glass. It is hard to imagine that such plants would cease to exist overnight. The economy is a system of interconnect vessels, so their closure could have catastrophic consequences for other smaller companies or micro-entrepreneurs providing services to them. Hence the decision to create an aid program to mitigate the effects of market turmoil.

According to the adopt project

Large industrial plants can count on 2 million euros of aid if in the mention period (February-December this year) the increase in their  top 20 fire liker alternatives 2024 subsidies-for energy expenditure increas by 100% compar to the costs incurr in the same period last year.

The upper limit of the amount that can be appli for is 25 million euros. However, document losses from running the current business fax database activity must be demonstrat. The government plans to allocate 17.4 billion zlotys for the purpose of co-financing energy costs by 2024. Support will be provid after the entrepreneur submits an appropriate application according to nes.