Magdeburg (dpa/sa) – Saxony-Anhalt’s Energy Minister Armin Willingmann (SPD) has described the Bundesrat’s approval of the planned price brakes for electricity, gas and heat as an “important step in overcoming the energy crisis”. With the price brakes, Chancellor Olaf Scholz (SPD) is making good on the promise that private households and companies will be noticeably relieved, said Willingmann on Friday.

The Federal Council approved the energy price brakes on Friday. The price brakes for electricity and gas are intended to cushion the consequences of the sharp rise in prices for consumers and companies. The brakes are to apply to private households and small and medium-sized companies from March, with retrospective relief planned for January and February.