Amid skyrocketing energy prices, the European Parliament backed moves to protect European consumers and businesses from the cost of electricity and gas bills. 

MEPs welcomed the Commission’s proposals to reduce energy demand and slash the cost of electricity while redistributing the energy sector’s surplus revenues to customers.

They asked for more action to shield the most vulnerable and SMEs from rising energy prices.

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Energy

Energy prices: MEPs back help for European consumers and businesses

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As Europeans face skyrocketing energy bills,

for the EU to shoulder the burden of the cost.

MEPs welcomed Commission proposals to reduce bills

by redistributing excessive profits made by

energy companies but said it must go further.

for the most vulnerable consumers and businesses.

We cannot ask people to live even more frugally,

without letting the companies that benefit

Members want EU countries to make sure Europeans

are not faced with evictions and that their basic needs,

like affordable food, heating and transport, are met.

These measures should be part of a longer-term strategy

Other measures to face the energy crisis include

making buildings energy-efficient across the EU.

Parliament also condemned Moscow's weaponisation

of energy supplies and reaffirmed its support for Ukraine