AKEΛ aphorisms zero in on the government's multi-layered efforts to address inflationary pressures.
It ignores - or chooses to ignore - that the increases result from geopolitical developments and global turmoil, and negatively affect economies around the world. It seeks to place the blame on the government, which from the outset reacted to developments and took measures that significantly limited the impact on citizens.
The compensatory measures taken to curb electricity price increases, as well as other measures that create the conditions for reducing electricity costs for households and businesses.
- A horizontal 10% reduction in electricity tariffs for all consumers for the two months of November - December 2021 and January - February 2022 was announced.
- The Government has reduced VAT on electricity bills to 5% for eight months for vulnerable households and 9% for five months for all other households.
- On the instructions of the President of the Republic, Mr. Nicos Anastasiades, the Council of Ministers, taking into account the increases in fuel prices, the adverse weather conditions and the socio-economic conditions in mountainous areas, decided to grant a one-time emergency allowance for this year to all residents of communities with an altitude of more than 600m.
In 2021 we proceeded to announce grant schemes in excess of €40 million for energy upgrading of buildings and in 2022 we will announce energy saving and renewable energy installation schemes of €90 million.
- Among other things, the grant scheme for the replacement of energy-intensive electrical appliances by vulnerable households was announced.
- Among other things, the grant scheme for the replacement of energy-intensive electrical appliances by vulnerable households was announced. With a budget of €5 million, it is estimated that this project will help 5000 vulnerable households to reduce the cost of the energy they consume.
- Following actions taken, virtual net metering has also been included in the sponsorship projects concerning energy upgrading and installation of RES.
So when AKEL asks the Government to take action, it is simply knocking on open doors and all it seeks is party benefits with announcements that have been answered dozens of times by the Government.
As a Government, we will continue to implement sustainable policies for the benefit of current and future citizens, households and businesses with seriousness and within the capabilities of the state.
(PM/MB)
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