Utility subsidy by the Municipality of Budapest (Fővárosi rezsitámogatás)

Utility subsidy by the Municipality of Budapest (Fővárosi rezsitámogatás)

More information

Duration

1999-2012; 2020

Recipients

Low-income and disabled consumers/vulnerable consumers living in Budapest

Managing body

Network Foundation; Municipality of Budapest

Volume of funding

~€2.45 million in 2009 (856 million HUF)

Details

The Municipality of Budapest established a non-profit organisation (Network Foundation / Hálózat Alapítvány) which provides financial support for low-income consumers by subsidising their utility bills for one year, providing allowance for repaying arrears or extraordinary aid in case of crisis. The foundation was funded by the Municipality of Budapest, but could collect private donations as well. It was shut down in 2012, but has been available again since September 2020. Each beneficiary receives 20 000 HUF (€56) per year. According to the new Mayor of Budapest, they are currently struggling to reach the target group, but they will continue the programme.

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