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  • Maïwenn

Financial support up to 30% of additional energy costs for the Brussels companies

On Barbara Trachte’s initiative, State Secretary for Economic Transition, the Brussels Government approved on Thursday 17 November, in the first reading, a decree on the compensatory bonus scheme in the context of the energy crisis. This bonus, with a total budget of 117 million euros, aims to cover part of the additional energy costs, calculated between 2021 and 2022, for Brussels companies active in energy-sensitive sectors.

The authorities in Brussels have recently announced a new measure to support local businesses that have been hit hard by energy cost increases resulting from the ongoing COVID-19 pandemic. As part of a broader strategy to promote economic recovery and resilience in the region, the Brussels government has introduced a financial assistance program to provide direct aid to local companies that are struggling to cope with the additional costs of energy due to the pandemic.

Under this initiative, eligible enterprises based in Brussels can receive direct financial assistance of up to 30% of their energy bills. The aid will be available to companies of all sizes, from small to large, and across various sectors. It will cover both gas and electricity expenses and aims to help businesses maintain their operations and jobs while transitioning towards more sustainable energy use.

The Brussels government recognizes that energy costs are a significant concern for many local businesses, especially those that have been hit hard by the pandemic. This measure is aimed at alleviating the financial burden on the most affected companies and promoting more sustainable energy use in the region. The financial assistance program for energy costs is part of a broader strategy to encourage energy efficiency and renewable energy adoption in the Brussels region. The government has set ambitious goals to reduce greenhouse gas emissions and promote sustainable development, and this initiative is one of the steps towards achieving these goals.

Overall, the new measure to provide direct financial assistance to local businesses in Brussels struggling with energy costs is a positive development that should help support economic recovery and promote sustainable energy use in the region.

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