In The Malta Business Weekly of the 9th October, it was revealed that the public is currently cross-subsidizing 97 companies through the energy surchareg 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 fact is 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

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