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Energy and Power

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Germany proposes a one-year moratorium on energy price increases.

Published On 06 Dec 2022 04:48 AM


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The administration has already stated that the cost of gas and electricity would be capped next year. According to Bild, energy companies may now be prohibited from boosting rates, with previously announced increases due to be reversed.

The German government plans to prevent energy providers from raising electricity and gas rates in 2023, according to the Bild tabloid, citing draft legislation.

The government has already im....


Tags : Germany, gas and electricity, boosting rates,
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