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Poland expects to receive 13.5 billion zlotys ($2.75 billion) from the introduction of a profit tax on energy companies, State Property Minister Jacek Sasin said Saturday. The funds will be used to offset the impact of rising bills on households, Reuters reported.

The situation around Ukraine has triggered a global energy crisis that has caused energy bills to rise sharply and left many households stranded in the run-up to winter.

Poland's prime minister has repeatedly said that the excess profits from rising energy prices should be shared among consumers and called for changes throughout the sector.

On Friday, Sasin said he would submit proposals that would impose maximum electricity prices on "sensitive organizations," such as schools, hospitals and local governments. Sasin proposed a maximum price of 618.24 per megawatt-hour (MWh) for these consumers, a 40 percent increase over 2022.

Poland has already taken a number of steps to help consumers, such as tax breaks and fuel subsidies for households. In 2023, the country plans to freeze household electricity prices at current levels for consumers under 2,000 kilowatt-hours. It also plans to bail out energy-intensive companies to the tune of 17.4 billion zlotys between 2022 and 2024.

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