Norway’s National Federation of House Owners wants higher electricity subsidies
The National Federation of House Owners in Norway wants the electricity subsidy to kick in from prices of 50 øre per kilowatt-hour rather than the current 70 øre.
“Today’s electricity support scheme is actually quite well designed, but it kicks in at too high a price level.
“We believe it should cover 100% of expenses when spot prices are above 50 øre,” general secretary Morten Andreas Meyer of the Association told Norwegian Broadcasting (NRK).
Today, the state’s electricity subsidy scheme covers 80% of the bill above 70 øre per kilowatt hour.
“Therefore, we are skeptical about changing the threshold to 50 øre, as it would result in a significant increase in government spending,” State Secretary Elisabeth Sæther (AP) in the Ministry of Oil and Energy replied.
Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews
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