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In Moldova, electricity tariffs for end-users of Premier Energy may almost double from February 1, 2022

In Moldova, electricity tariffs for end-users of Premier Energy may almost double from February 1, 2022

This is included in a request for new tariffs that Premier Energy has submitted to the National Agency for Energy Regulation for review. In particular, for the end consumers of Premier Energy, whose electrical installations are connected to low voltage distribution networks (0.4 kV), the tariff for the supplied electricity is proposed to be increased by 1.85 times - from 151 ban per 1 kW / h to 278.99 ban (excluding VAT). For Premier Energy consumers connected to medium voltage networks (6; 10 kV), the tariff can be increased 1.9 times - from 125 bans to 241 bani per 1 kW / h, and for those connected to high voltage networks (35; 110 kV), almost 2 times - from 114 to 226.84 bani per 1 kW / h. As noted in Premier Energy, the proposed increase in the tariff for end users is due to the fact that the recently approved price of electricity supply by the central supplier Energocom reached 2.42 lei kWh in November-December 2021 and amounts to 2.29 lei per kWh from 1 January 2022, which is 96% and 86% more compared to the price valid until the end of October 2021. The new prices approved for the central supplier lead to a corresponding increase in the cost of electricity purchases by about 500 million lei in the period from November 2021 to March 2022 (about 100 million lei per month). Because of this, Premier Energy is unable to meet its payment obligations for purchased electricity, and this has a corresponding impact on the entire supply chain in the energy sector. Premier Energy also emphasizes that the purchase prices for electricity in Ukraine remained at the same level during the third quarters of 2021, and in the fourth quarter of 2021 they increased by 100%, compared to the same period in 2020. Premier Energy asks NAER to approve and publish new electricity prices for end-users no later than February 1, 2022. It should be noted that the last adjustment of electricity tariffs for end-users in Moldova was made at the end of January 2021, and then, by the decision of NAER, electricity tariffs for residential consumers Premier Energy decreased from February 1, 2021 by 10.1% - to 151 bani per 1 kWh.//10.01.2022 – InfoMarket.

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