February 2023 – On 21 February 2023, the Ministry of Economy of the Slovak Republic (“the Ministry”) published a call for the submission of applications for a subsidy to cover additional costs due to the increase in gas and electricity prices (“the Call”). The aim of the Call is to compensate qualifying companies and natural persons (entrepreneurs) for excessive energy prices from January to March 2023. In this article, we present an overview of the key information.
The Call was published in accordance with the state aid scheme approved by the European Commission under No. SA. 104846 under the State aid Temporary Crisis Framework (“the Scheme”). The Ministry has allocated a total amount of EUR 279,820,623 for applicants under the Call. The total approved amount of the Scheme is EUR 600,000,000.
The Call is continuation of previous call under the Scheme published in 2022 which allowed the eligible enterprises to apply for compensation of energy prices in August and September 2022.
Form of aid
Aid will be in the form of a direct grant and only in respect of the gas or electricity off-taken during the period from 1 January 2023 to 31 March 2023 (“the Relevant Period”).
Aid will be provided in the amount of up to 80 per cent of the portion of costs exceeding:
(“the Eligible Costs”).
Aid will not be provided in respect of the amount of gas or electricity consumed for the production of electricity or heat in case of a subsequent supply.
Calculation of the aid amount
aid = Consumption in MWh * (average price paid for MWh in EUR - 199) * 0.8
aid = Consumption in MWh * (average price paid for MWh in EUR - 99) * 0.8
The average price for calculation purposes will be determined as the average price paid by the applicant during the Relevant Period.
The aid is aimed at all qualifying enterprises regardless of their size, i.e., for micro, small and medium enterprises as well as large enterprises.
All types of businesses are eligible to apply for aid except:
Enterprises in difficulties are also eligible for the aid.
The total amount of aid is limited to:
Applications may be submitted only to the electronic mailbox of the Ministry via the form published on web portal of the Ministry - https://energodotacie.mhsr.sk/. If the applicant claims payment of aid in an amount exceeding EUR 100,000, the application must also contain identification of the ultimate beneficial owners.
The application must be submitted separately for each operational unit (in Slovak: prevádzka).
Accordingly, the application may be submitted only after the end of relevant month, where the Ministry will publish the date from which applications for each relevant month may be submitted on the above-mentioned website.
The deadline for submission of applications is 30 June 2023.
The Ministry will inform the applicant on the approval or refusal of aid within 30 days from submission of the application. If the application is not approved due to formal reasons, the applicant may re-submit the application.
Register of Public Sector Partners
Off-take points requirements
For more information, please contact the authors of the article.