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Bucharest
January 27, 2022
BUSINESS

Heating bills might increase by 60pc

In its latest talks with the IMF, the government took the commitment to eliminate the heating subsidy in the following period. As a consequence, the population’s heating and warm water bills could grow by up to 60 per cent by the end of the year, depending on the Mayors’ capacity to cover the difference from local funds, Mediafax informs. According to the IMF, the elimination of heating subsidies this year will have an impact on the inflation rate too. The most recent forecast made by the Central bank sees the inflation rate going up to 6 per cent. Eliminating subsidies for heat will generate an increasing disconnection from the centralized system and a sales increase of thermal power plants in some cities, over 30 pc this year, estimates Thermo Ariston Romania.

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