WARSAW, June 24 (Xinhua) -- Polish Prime Minister Donald Tusk announced on Tuesday that electricity prices for individual consumers will remain frozen until the end of the year.
The measure, which caps electricity prices at 500 zloty (136.38 U.S. dollars) per megawatt-hour (MWh), was initially set to expire in September. The extension is part of the government's broader effort to shield consumers from inflation and high energy costs amid ongoing global market volatility.
"Individual electricity consumers can rest easy," Tusk said at a press briefing. "We had frozen prices until the end of September, and we have decided that we can safely extend this until the end of the year."
Tusk also noted that the ongoing decline in energy market prices suggests there may be no significant changes in tariffs next year from the consumer's perspective.
The decision followed consultations with Minister of Climate and Environment Paulina Hennig-Kloska, who said earlier this month that any extension would depend on an analysis of new tariffs submitted by energy companies.
Under current regulations, energy providers are required to submit their proposed post-September tariffs to the Energy Regulatory Office by the end of July. (1 Polish zloty = 0.27 U.S. dollar) ■