Experts are debating the topic but it is not unrealistic to think that at least a 25% increase is on the cards*.
Theoretically, it could even be the full 32% (but that is somewhat unlikely as there will likely be some attempt to make it look like government was trying to assist consumers by limiting the increase).
‘you need to adjust your household budget for electricity’
What this means is that you need to adjust your household budget for electricity and add another 25% (or more) to that.
Not only that of course, since all companies and businesses will have to look at what portion of their running costs are going to be affected and adjust their pricing.
So, prepare for a wave of price increases across the board for all sorts of things from groceries to professional services and think twice before you leave the light on when you leave the room.
*The formal announcement will be made by the end of 2022
