Poland faces a fresh challenge related to rising electricity costs. shortly thousands of Poles will feel the effects of another increase in electricity prices, which will affect the amount of their monthly accounts. knowing the causes of this change and taking appropriate action can aid minimise the impact of increases on the home budget.
Why Are Current Prices Growing?
Increases in electricity prices in Poland are the consequence of respective factors:
- Increase in Energy Resources Price: Global prices for natural materials specified as natural gas and coal, which are crucial for energy production, are rising. This straight affects the cost of electricity production.
- Amendments to the EU Energy Policy: The European Union introduces fresh regulations to reduce CO2 emissions and advance renewable energy sources. These requirements increase costs for energy producers, which translates into higher prices for consumers.
- Modernisation of Infrastructure: Investment in the modernisation of energy networks and the construction of fresh energy sources, including renewables, besides influence price increases. These costs are frequently passed on to consumers.
What are the consequences for Poles?
Increases in electricity prices mean higher bills for households and businesses. According to the latest data, the average cost increase could be between 10% and 20% depending on the energy supplier and consumption.
That means:
- Households: People utilizing electricity in the standard way can see an increase in bills by respective twelve zlotys per month, which may mean crucial additional expenditure each year.
- Companies and enterprises: For companies, increases can be peculiarly severe, especially for those heavy dependent on electricity. They can make cost management strategies rethink and invest in more efficient energy sources.
What can you do to minimize the impact of increases?
- Energy audit: Carrying out an energy audit at home or company will let you to identify areas where you can save money. This may include replacing obsolete equipment with more energy-efficient equipment and improving the insulation of the building.
- Amendment of the Energy Supplier: It is always worth checking the offers of various energy suppliers. Sometimes switching to cheaper or negotiating better contract terms can aid reduce bills.
- Investments in Renewable Energy Sources: The consideration of investments in solar panels or another renewable energy sources can lead to long-term savings and independency from rising energy prices.
- Optimising Energy Consumption: Making simple changes, specified as switching off devices erstwhile not in use, and utilizing energy-efficient bulbs, can aid reduce energy consumption and reduce bills.
Legal basis and Sources
Energy price increases are regulated by national energy law, including the Act of 10 April 1997. – Energy Law (Journal of Laws 1997 No. 54, item 348). It is besides worth monitoring changes in EU regulations that may affect the energy marketplace in Poland.
The fresh increase in electricity prices is simply a challenge which millions of Poles will gotta face. knowing the causes of cost increases and taking measures to optimise energy consumption can aid mitigate the financial impact. Awareness of available options and proactive approaches can importantly influence the amount of monthly energy bills.
Read more:
Another Increase in Current in Poland since 1 September
