Moldovan electricity supplier demands increase in energy tariffs

18:58 | 12.12.2016 Category: Economic

Chisinau, 12 December /MOLDPRES/ – RED Union Fenosa and Gas Natural Fenosa Furnizare Energie (Energy Supply) asks increase of tariffs for distribution and supply of electricity by 14 per cent, with effect from 1 January 2017. The increase applications of companies were placed today on National Agency for Energy Regulation’s (ANRE) webpage.

According to a draft public consultations, Gas Natural Fenosa Furnizare Energie calls tariff increase for the population by 27 bani, up to 2.19 lei per kilowatt/hour.

ANRE announced that it has available, according to the Law on Electricity of May 2016, 15 working days after the publication of applications referred to this agency comments and recommendations on those documents.

Interested candidates should send comments and recommendations on the draft public consultation in writing by ANRE’s post address: str. Columna 90, mun. Chisinau, by e-mail at: [email protected] or telephone number: 022 852 939.

Subsequently, ANRE will publish on its website the examination applications results, received from nominees and proposals concerning their requests to increase the tariffs.

The administrative board of ANRE decided on 12 March 2016, after debates in public, reducing by 11 per cent tariff on electricity supplied by Gas Natural Fenosa Energy Supply company to population. The regulator returned to the tariff adjustment in July 2015 after increased electricity tariffs by 30.37 per cent, tariffs that came into effect after an audit by the supply companies, on 9 November.

The decision to decrease the tariffs in March 2016, ANRE did not take into account financial deviations, formed after the currency depreciation. Subsequently, the Ministry of Economy and Gaz Natural Fenosa signed an agreement according to which the recovery of tariff deviations by Gas Natural Fenosa would start on 1 January 2017 and would last four years. Deviations amount adjusted to the interest rate will be about 1.75 billion lei (over 82 million euros).

(Reporter V. Bercu, editor A. Raileanu)

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