Friday, December 2, 2022

Federal Council lets companies fidget

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For years there was cheap electricity for large companies.

Ruedi Studer and Pascal Tischhauser

Numerous companies are sounding the alarm because of the massive increase in electricity prices. After years of benefiting from cheap electricity costs on the free market, the rude awakening follows: Now it’s getting expensive! Affected companies should therefore be allowed to return to the safe lap of basic services, the trade association demands.

SVP Economics Minister Guy Parmelin (62) was open to the concern of the trade and had a working group examine the matter. Suggestions for relieving budgets were also discussed. However, research now shows that more than a dozen measures were analyzed in a basic paper. Some of it was rumored to have been rejected at the last Federal Council meeting a week ago.

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