According to the Energy Regulatory Office, the average sales prices of electricity on the competitive market and for households in 2023 were higher than in 2022. In the fourth quarter of 2023, the Energy Regulatory Office recorded a slight increase of 8%. a decrease in the average price of electricity on the competitive market. What next for electricity prices in 2024?
- The average sales price of electricity on the competitive market includes energy sales (sales volume and value of energy sold) carried out by producers and trading companies in competitive segments of the wholesale electricity market (i.e. to trading companies under bilateral contracts and to the energy exchange). The average calculation does not take into account the sale of energy to the balancing market (due to the technical nature of this market).
- In 2023, the average annual energy sales price on the competitive market was PLN 759.29/MWh and compared to 2022, it was almost 45% higher.
- In the fourth quarter of 2023, we observed stabilization of energy prices on the competitive market, and the clear downward trend visible in the second quarter stopped. On a year-to-year basis, the current average price of electricity in this market was approximately 16 percent higher. higher than in the same period of 2022.
- The Minister of Climate and Environment, Paulina Hennig-Kloska, announced that at the beginning of April, after Easter, the government will deal with legal provisions that will eliminate the unfreezing of energy prices from July 2024.
- An energy voucher and a slowdown in electricity prices from the second half of 2024. This is the Ministry of Infrastructure and Environment’s response to rising electricity prices for households in 2024.
The President of the Energy Regulatory Office published information on the average sales price of electricity on the competitive market and the average price of electricity for household consumers for 2023.
In accordance with the applicable regulations, by the end of the first quarter, the regulator publishes indicators of the average sales price of electricity on the competitive market and the average price for household customers, relating to the previous year.
The average annual sales price of energy on the competitive market halved in 2023.
In 2023, the average annual energy sales price on the competitive market was PLN 759.29/MWh and compared to 2022, it was almost 45% higher.
The average sales price of electricity on the competitive market includes energy sales (sales volume and value of energy sold) carried out by producers and trading companies in competitive segments of the wholesale electricity market (i.e. to trading companies under bilateral contracts and to the energy exchange). The average calculation does not take into account the sale of energy to the balancing market (due to the technical nature of this market).
The price of energy for farms increased despite the freezing of energy prices in 2023.
However, the average price of electricity for household consumers in 2023 was PLN 0.7840/kWh and was 7.5% higher. compared to 2022.
The average energy price for households is calculated based on the prices included in comprehensive contracts in a given year and also takes into account the fee for the provision of electricity distribution services.
A slight decline in the average electricity price in the competitive market at the end of 2023.
The President of the Energy Regulatory Office published information on the average sales price of electricity on the competitive market in the fourth quarter of 2023. Compared to the third quarter (PLN 736.39/MWh), this price dropped by almost 8%. and amounted to PLN 679.20/MWh.
In the fourth quarter of 2023, we observed stabilization of energy prices on the competitive market, and the clear downward trend visible in the second quarter stopped. On a year-to-year basis, the current average price of electricity in this market was approximately 16 percent higher. higher than in the same period of 2022.
Energy voucher and slowdown in electricity prices from the second half of 2024.
The Minister of Climate and Environment, Paulina Hennig-Kloska, announced that at the beginning of April, after Easter, the government will deal with legal provisions intended to eliminate the unfreezing of energy prices from July 2024.
One of the most important solutions is the announced energy voucher from mid-2024, which will be granted depending on the income earned by households.
Energy vouchers for the poorest will be granted depending on the number of people in the household. The Ministry of Environmental Protection wants to introduce as many as 6 different support thresholds for energy vouchers granted
The Ministry of Environmental Protection wants to slow down the increase in electricity prices for households that will not be able to use the vouchers. Electricity price increases should not exceed PLN 30-50/month by the end of 2024, according to the head of the Ministry of Culture and Environment.
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