Lower house passes energy price cap

The act went through in a 411-6 vote with 14 abstentions and will now be read by the Senate, the upper house of parliament. Mateusz Marek/PAP

The Sejm, the lower house of Polish parliament, on Thursday passed an act capping electricity prices for households, local governments and the SME segment.

The new law sets the maximum price for households at PLN 693 (EUR 144.5)/MWh, and for local governments and SMEs at PLN 785 (EUR 163.7)/MWh.

For households, the maximum price will apply above a 2 MWh annual limit. The limit for households with handicapped persons will be 2.6 MWh, for large families and farmers it will be 3 MWh.

The act went through in a 411-6 vote with 14 abstentions and will now be read by the Senate, the upper house of parliament.