Strategically important Swiss companies in the production of steel and aluminum are to benefit from lower electricity prices. The National Energy Commission decided, by 13 votes to 11 and 1 abstention, to exempt them from certain taxes.
ATS
These companies, with their recycling capacities, are of capital importance for the circular economy in Switzerland, the commission said in a press release on Tuesday. They make it possible to produce, with a small ecological footprint, raw materials for essential sectors in the country.
They must therefore be exempt for four years from part of the taxes collected for the use of the electricity network. This exemption spread over time is however subject to certain conditions, such as maintaining the production site in Switzerland, making sustainable investments or waiving the payment of dividends.
The decision was taken as part of a project to create an electricity reserve. This project was approved by 21 votes to 0 with 3 abstentions.
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