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June 21, 2021
BUSINESS

Electricity price up by 10 pc on January 1

Having initially announced that electricity consumers in the regulated regime – including the population and public institution – would pay a 6 per cent higher price for power, the regulatory body recognising the higher production cost, the National Energy Regulatory Authority (ANRE) has reconsidered the information, Mediafax notes. The price of electricity will therefore rise by 10 per cent on January 1, 2013 because, besides the 6 per cent growth coming from the recognition of the higher production cost by ANRE, the aid granted by the state to renewable energy producers will also have an impact on electricity bills. ‘For an average monthly bill of RON 40, representing a use of 100 KWh, the increase from January 1 will be by RON 4,’ ANRE Vice President Emil Calota said on Thursday. The regulatory authority accepted the higher price in order to allow producers selling electricity on the regulated market to recover loss from previous years, generated by the fact that they were selling electricity to household consumers at low rates, below the production cost.

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