Bills: alarm from the Energy Authority, ‘never seen before’ prices are coming

“Prices never seen before” are on the way for Italians’ electricity bills. This was said by the director of the Energy Division of Arera, Massimo Ricci, with a view to updating the electricity price for the protected market, which will be communicated in the afternoon by the Authority. “Regardless of the percentage increase, it is a percentage that is applied to already very high prices and therefore we arrive at prices never seen before”, explains Ricci, speaking at the Italian Energy Summit of the Sole 24 Ore, underlining how “the prices of the next unfortunately, they will remind us that we are still living in an emergency phase “.

The EU Commission will propose “by mid-October”, after having received the opinions of governments, an update of the temporary state aid crisis framework to continue to support industry and companies

Source: Ansa

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