The capping of energy and gas prices was extended

The government maintains the energy and gas price ceiling mechanism until the spring of 2025, so that the population, but also companies, as final consumers, remain protected against the volatility of the energy and natural gas market, in the current conditions of global unpredictability, with war at the border. Also, the normative act provides that the return to the mechanisms of the liberalized market will be done in stages and with the assurance of a fair price for Romanians.

Thus, taking into account the trend of stabilization and even reduction of electricity and natural gas prices recorded both at national and European level, the Government has updated the related legal framework, so that these decreases are also reflected in the invoices of final customers.

Sebastian Burduja, Minister of Energy: “As we promised, we are maintaining the energy and gas price ceiling mechanism for one more year, until March 31, 2025, so that the population, but also companies, as final consumers, remain protected against possible volatility in the energy and natural gas market, in the current conditions of global unpredictability. We have a market right now that has passed the period of turmoil and uncertainty. We have ensured and we want to ensure stability. We are among the EU countries where prices have fallen just below the thresholds, and we see this most often in gas bills and electricity consumers with a consumption of more than 300 kWh/month. I also kept my promise to eliminate the possibility of introducing the so-called sun tax, because we want the support of prosumers and a modern, decentralized, digitalized and decarbonized energy system.”

Through this normative act, taking into account the downward trend in electricity and natural gas prices recorded both at the national and European level, the Government has updated the related legal framework, so that these decreases are also reflected in the invoices of final customers.

We mention that the current scheme also ensured, according to the data published by the European Commission, for the third quarter of 2023, taking into account the capped prices, not those in contracts, but actually those paid by consumers, that Romania has the fourth cheapest gas and the fifth cheapest electricity in the European Union.

The Ministry of Energy will also ensure that the return to the free market mechanisms will be done in stages and with the assurance of a fair price for Romanians. Thus, in the process of transition to the free market, for the period April 1, 2025 – March 31, 2026, electricity and natural gas suppliers will publish standard offers only for periods for which they purchased, on the date of the offer, a quantity of electricity/ natural gas at least equal to 50% of the consumption of customers in the portfolio.