The German tariff shield on energy prices, announced by Chancellor Olaf Scholz to mitigate the impact of inflation, will come into force at the start of 2023, according to the roadmap presented by the government on Wednesday.
The capping of gas and electricity prices is the main part of the controversial energy “
bazooka
” of 200 billion euros announced at the end of September by Berlin.
The gas cap is planned from “
January 1
” for large companies, and “
March 1
” for households and SMEs, indicates a final draft published by the German government.
With regard to electricity, the mechanism will be put in place on “
January 1
”.
