Cabinet plans price cap for gas and electricity

Energy bills for households and small businesses have to come down. That is why the Cabinet wants people to temporarily pay a maximum price for gas and electricity at average energy consumption. The Tweede Kamer (House of Representatives) and Eerste Kamer (Senate) still have to decide on this.

Price cap from 1 January to 31 December 2023

The Cabinet's plan is for all small consumers of energy up to a certain consumption level to pay a maximum price. Small consumers include anyone with a small energy connection. For example, households, self-employed people, small businesses and associations. The aim is to bring down the cost of energy bills for them.

Overview of maximum price and consumption with price cap
Maximum consumption Maximum price
Gas 1 200 m3 €1.45 per m3
Electricity 2 900 kWh €0.40 per kWh

Everyone who consumes more energy than the maximum amount will pay the tariff of their existing energy contract. The price cap applies from 1 January 2023 to 31 December 2023. The VAT reduction on energy will expire on 1 January 2023 when the price cap starts.

€190 discount in November and December 2022

The price cap will not take effect until January 2023. Therefore, small-scale consumers (in Dutch) will receive €190 per month discount on energy bills in November and December 2022. This temporary solution partly compensates for the high energy prices. How you get the €190 discount on your energy bill per month depends on your energy supplier.

Compensation for energy-intensive SMEs

There will be a special compensation scheme for energy-intensive SMEs. They will be compensated for part of their energy costs in 2022 and 2023. The government is currently working out the details of this scheme.

Status of the plans

The Cabinet is working out the plans for the price cap and will then submit them to the Tweede and Eerste Kamer.

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