Public subsidising 97 companies through surcharge

Scrap the capping

In The Malta Business Weekly of the 9th October, it was revealed that
the public is currently cross-subsidizing 97 companies through the
energy surcharge which is levied on utility bills. Had the capping for
large industries not been in place, the current surcharge rate would
have been 75% instead of the current 95% according to a spokesman for
the Ministry for Infrastructure, Transport and Communications.

This is fact is up most upsetting. The capping for these companies
should be scrapped immediately. It is absolutely not correct that
private households cross-finance the electricity consumption of these
97 probably private companies and indirectly increase their profit. The
20% difference in the surcharge should be paid back to the public.

Henrik Piski

10 Sqaq iz-Zenqa

Qormi