In order to protect individual customers from the increase in energy prices, the Luxembourg Government has decided to introduce some aid measures within the scope of the Tripartite Agreement of 28 September 2022.
First aid for natural gas
As natural gas prices have soared since the beginning of 2022, the Government implemented 2 specific measures in May and October 2022:
- Government contribution to the gas price (since 1 October 2022).
- Government payment of grid usage charges (since 1 May 2022).
New support for electricity
In order to counteract increases in the integrated electricity price for residential customers from 1 January 2023, the tripartite agreement provides for electricity prices to be stabilised at their 2022 level.
This stabilisation will be achieved by introducing a negative contribution via rate A of the compensation mechanism for customers in this category, i.e. final customers whose annual electricity consumption is less than or equal to 25,000 kWh.
Thus, irrespective of the evolution of energy prices or grid charges, the prices charged to eligible customers of rate A of the compensation mechanism will remain stable compared to the year 2022.
This measure applies automatically, no steps need to be taken and will also be reflected in the advances to be paid by the customers.