Energy prices for households will be frozen

Analysts are not happy about the solution.

Illustrative stock photoIllustrative stock photo (Source: TASR)

Electricity prices for households will stay at €61.21 per MWh until 2024. In exchange, the government will not introduce a tax on excessive profit from the sale of electricity generated by a nuclear source.

SkryťRemove ad
Article continues after video advertisement
SkryťRemove ad
Article continues after video advertisement

This stems from a recent agreement between the government and the Slovenské Elektrárne (SE) company, the main power generator in Slovakia.

“We agreed on this key solution for the stabilisation of electricity prices for the next three years,” said Finance Minister Igor Matovič (OĽaNO), as quoted by the TASR newswire.

New tax to solve problems with high energy prices. The power generator warns of consequences Read more 

This means that if the fees for the transmission and distribution or the tariff for operating the system regulated by the state do not change, the end electricity price for households should stay the same.

Yet, the observer warns of this solution, particularly under the current circumstances on the market.

No changes to the business environment

The government and SE agreed that the total volume of electricity agreed in these rates amounts to 6.15 terawatt hours (TWh) a year.

“The consumption of Slovak households represents about 5.6 TWh a year,” Matovič said, as quoted by TASR. The government plans to use the difference to supply cheaper electricity to some hospitals, nursing homes and schools.

The rest of this article is premium content at
Subscribe now for full access

I already have subscription - Sign in

Subscription provides you with:
  • Immediate access to all locked articles (premium content) on
  • Special weekly news summary + an audio recording with a weekly news summary to listen to at your convenience (received on a weekly basis directly to your e-mail)
  • PDF version of the latest issue of our newspaper, The Slovak Spectator, emailed directly to you
  • Access to all premium content on and

Top stories

News digest: Supreme Court's ruling on ex-special prosecutor

Finance Minister Matovič intends to restrict media freedom. Slovakia makes it to hockey quarter-finals in Finland.

3 h
Igor Matovič.

Igor Matovič escalates attacks on journalists

He suggested a law dictating who the media can invite to discussions.

9 h
Kováčik in court

Guilty: Supreme Court delivers final verdict on senior prosecutor

Dušan Kováčik's definitive conviction could clear the way for multiple further cases.

8 h
Ján Figeľ receives the highest state award for Púčik, Tunega and Tesár from President Zuzana Čaputová.

President apologises for awards. Fascist state activists did not fight for democracy, say historians

Three men were executed for espionage by Communist courts, but their full story shows their loyalty to Nazi-allied Slovak state.

23. may
SkryťClose ad