Vyzva na podporu zvysene naklady zemni plyn a elektrinu

Call for support for increased natural gas and electricity costs published

In our Subsidy Alerts last weeks we informed you about the basic parameters of the support for increased costs of natural gas and electricity due to the exceptionally sharp increase in their prices. Yesterday evening, the Ministry of Industry and Trade published the final version of the call, which is available HERE.

If you are dealing with a sharp rise in energy prices, the support may apply to you. For the lowest category of support (30% of qualified costs, maximum CZK 45 million), there is no requirement to achieve an operating loss. Higher levels of support (50 % and 70 %) are available for energy-intensive enterprises and enterprises in selected sectors, the condition is (in addition to meeting other requirements for an eligible applicant) that an operating loss (EBITDA < 0) is achieved and that eligible costs must represent at least 50 % of the operating loss.

The amount of eligible costs is to be determined as the difference between this year's actual price and twice last year's price, with the subsidy for September and October 2022 covering a maximum of 70 % of the take-up in the same period of 2021.

Among other things, the call states that the (previously much-discussed) condition of waiving the increase in remuneration applies to the statutory body of the beneficiary (not to the board/management).

Applications can be submitted from 15 November 2022 from 9:00 a.m. to 31 January 2023 by 24:00 p.m. The Ministry reserves the right to close the receipt of applications early, mainly due to the exhaustion of the Call allocation (CZK 30 billion).

If you are interested in this area, or are considering preparing a grant application and would like assistance, please contact the authors of this article or the consultancy team you usually work with.

Authors:

Martin Hladký

Martin Veverka