Electricity bills: The platform for the power pass opens on June 15 – Refund up to 600 euros

The countdown to give the support package to households and businesses for high electricity prices.

The beginning will be made with the compensation up to 600 euros for additional consumption from December 2021 until May 2022will follow the increase of the subsidy for the months of May, June and will be completed with the introduction of the new system of calculating the price of electricity for all from July, which will cover 80% to 90% of the additional costs.

What Power Pass Beneficiaries Need to Know

The electronic platform for the submission of applications by the beneficiaries, in order to receive the compensation up to 600 euros, from the additional electricity bills is expected to open on June 15 and the first payments will be made in the first days of July.

Beneficiaries will be those who saw increased charges in their accounts, from December 2021 to May 2022. Note that this period concerns the issuance of bills and not the period of consumption.

Let’s look at what electricity consumers need to know before the Power Pass platform opens:

1. The financial aid is granted to natural persons whose annual net family income after the deduction of taxes declared to the tax office in 2021 did not exceed 45,000 euros. This means that taxes are deducted from the total income and therefore the beneficiaries of the subsidy are also those who showed in the tax return of 2021 family incomes over 45,000 euros.
2. 60% of the increased electricity costs are reimbursed for bills issued from December 1, 2021 to May 31, 2022 for charges not covered by the discounts given by the state and the electricity suppliers. The allowance is given to those who had a total increase in electricity during the six months over 30 euros and the amount can not exceed 600 euros per consumer.
3. For the payment of the compensation, the income of 2020 declared to the Tax Office in 2021 will be taken into account. In any case, a necessary condition for receiving the financial support is that the beneficiary has submitted a tax return for the income of 2020 until May 1, 2022.
4. Those who file a tax return for the first time this year should hurry to file it before submitting the application on the online platform for the grant. For them, the net family income after tax deduction, obtained in 2021, will be taken into account.
5. For the subsidy of up to 600 euros of the electricity bills of the student dormitory, the taxpayers who declare the students as dependent members must submit this year’s tax return (income 2021) before submitting the application on the electronic platform, to have filled in table 6 of the form E1 (student dormitory rent) the number of the electricity supply of the dormitory and to fill in the electronic application the indication concerning the dormitory and their own main residence.
6. For households that have a common clock (eg duplexes) the subsidy will be given to the beneficiary whose VAT number is indicated in the electricity bill. In case the TIN does not belong to any of the beneficiaries, the amount of the subsidy is distributed to the beneficiaries.
7. The amount of the grant is tax-free, inalienable and unsecured in the hands of the State or third parties, by way of derogation from any general and special provision, are not subject to any withholding, fee or contribution including the special solidarity contribution, is not bound and is not the tax administration and the State in general, the municipalities, the regions, the insurance funds, as well as the credit institutions and it is not calculated in the income limits for the payment of any benefit of social or welfare character.

How to apply for compensation up to 600 euros

• To enter the online platform with the passwords in Taxisnet.
• Confirm or update details of main residence, electricity meter and co-ownership rate.
• To correct any errors or omissions in the data for their main residence.
• Enter their bank account number (IBAN).
• To certify the correctness of the data and to finalize the submission of the application.
• Beneficiaries will not enter their electricity billing data which will be transmitted to the platform by the electricity suppliers and power managers.

Examples of money back calculations

• If one takes into account that he has an adjustment clause of 1,000 euros and the deduction from the state and provider subsidy reaches 400 euros, then the net charge was 600 euros. The specific consumer will receive back 60% of 600 euros, ie 360 ​​euros.
• If the total adjustment clause was 2,000 euros and the state subsidy reached 700 euros, then the final increase in the accounts was 1,300 euros. 60% of the 1,300 euros are 780 euros. This consumer will receive the maximum compensation of 600 euros which is the maximum, and not 780 euros.
• A user with lower consumption who calculated the adjustment clause at 400 euros and the subsidy he already received at 150 euros, “saw” an increase of 250 euros. He will receive a refund of 150 euros in June.