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Bucharest
November 25, 2020
BUSINESS

Energy bills to increase by a maximum of 2 pc as of January 1

Romanians will pay 1 percent less for electricity as of January 1, 2014, and industrial consumer fees will go up by 2 percent, Constantin Nita, Minister Delegate for Energy, stated yesterday at a seminar on energy. The co-generation fee collected by electricity and heat producers will drop by 10 percent beginning January 1, 2014, and by 30 percent beginning July 1, 2014, he added. According to Nita, this year’s electricity bills have been reduced by 7 percent for all consumers. The minister delegate also remarked that Romania can no longer remain “prisoner” of a single natural gas provider and at least two supply sources are necessary. On deregulating natural gas prices, he said the IMF and the European Commission theoretically gave their consent to postponing the natural gas price deregulation program for industrial consumers by one year, until 2015. The Romanian state, Nita continued, does not yet have definitive approval from the IMF and EC to apply this measure.
“The EC’s approval is necessary for these support schemes. It would be nice if we were able to implement them as of 2014, but such discussions take time,” Nita stated further.

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