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Utility Cost Reduction Programme Available the Entire Year

Europe and Hungary were fortunate to have a mild winter, but ‘a country’s leadership cannot make an unequivocal bet that this will always be repeated,’ Energy Minister Lantos warned. Therefore, the government has decided to raise the level of the security gas reserve. Previously, the country stored 10 per cent of its annual consumption as a security reserve, which was now raised to nearly 2 billion cubic metres, or 20 per cent of consumption, while consumption itself decreased.

Utility Costs Reduction Programme to Continue in the Winter, Ministry States

The Hungarian Ministry of Energy has confirmed that the reduced utility prices will remain in effect during the final quarter of 2024, ensuring that Hungarian households continue to enjoy the cheapest gas in Europe. By updating the relevant regulations, the ministry aims to secure affordable and uninterrupted heating throughout the upcoming winter season.

Government Protects Hungarian Families with Utility Cost Reductions Amidst Rising Energy Prices

Despite the challenges of wartime conditions, the government has maintained its utility cost reduction programme, successfully protecting Hungarian families against Brussels’ war-supporting and misguided sanctions policy. This has resulted in Hungarian households paying the lowest prices of electricity and gas in Europe, government commissioner Szilárd Németh shared at a press conference on Monday.

Reduction in Gas and Electricity Consumption in Hungary in 2023

Approximately 8.5 billion cubic metres of gas was used, indicating a decrease of 1 billion cubic metres, or 10.9 per cent, compared to the 2022 level, and a substantial 2.5 billion cubic metres, or 23 per cent, reduction compared to 2021, as reported by the Ministry of Energy.

Balázs Orbán: Hungarian Utility Cost Reduction Targeted by Brussels

The PM’s political director stated that as opposed to how the European asylum system is currently working, Hungary’s position is that no one who is not eligible for legal entry should be allowed into the territory of Europe and the Schengen area. Those wishing to submit an asylum application should do so outside the Schengen area, and only those entitled to refugee status should be allowed to enter.

Opinion Poll Shows Satisfaction With Utility Cost Reduction

While last September, only 40 per cent were satisfied with the transformed utility cost reduction scheme, by March this year the same number rose to 49 per cent. Additionally, the percentage of those dissatisfied dropped from 52 to 44 per cent, the data shows.

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