Businesses to be reimbursed 50% of their July-September electricity outlay
Some 16,000 businesses across Malta and Gozo are to be refunded half of what they paid in electricity bills in July, August and September, economy minister Silvio Schembri said on Thursday.
€35 million have been allocated for the purpose.
The refunds form part of the economic recovery package announced by the prime minister in June.
"We continue to stand shoulder to shoulder with businesses and families throughout this journey for the regeneration of our economy. Our goal is to continue to safeguard as many jobs as possible,” the minister said.
The scheme is aimed at businesses which also benefited from the COVID-19 wages supplement.
Schembri explained at a press conference that a business with one outlet may claim a grant of up to €1,500. Businesses with multiple outlets which employ a substantial number of employees benefiting from the wage supplement can be eligible for a maximum of up to €7,500.
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The CEO of Malta Enterprise, Kurt Farrugia, explained that the application process will be outlined in an initial email which will be sent to eligible businesses from September 1.
This will be then followed by a...