Tisza Party's Energy Program Would Cripple Hungarian Households Financially

Peter Magyar would fulfill Brussels’ demand and cut Hungary off from Russian energy sources. The move would raise the average Hungarian family’s annual electricity and gas bill by 510,000 forints, and for low-income households by 540,000 forints.

Magyar Péter, a Tisza Párt elnöke Fotó: Hatlaczki Balázs

Tisza Party’s Program Would Push Masses of Households Into Insolvency

Thanks to the current government’s utility price cut scheme, energy poverty has fallen the most in Hungary among EU member states. Before 2010, misguided government decisions had driven household electricity and gas prices so high that they became unaffordable for many.

Source: Szazadveg/Energy Poverty Advisory Hub                                                                                     Graphics: Magyar Nemzet

Before the utility price cut scheme was introduced, one in four households could not pay their utility bills for financial reasons. By 2024, that share dropped to 7 percent, or 287,000 households.

Peter Magyar’s energy program would halt this positive trend and cause serious existential difficulties for a wide segment of the population. The proportion of households unable to pay their utility bills for financial reasons would rise to 29 percent, affecting nearly 1.2 million households – that is, 2.8 million Hungarians.

Cover photo: Peter Magyar, president of the Tisza Party (Photo: Balazs Hatlaczki)