Tariff for electricity provided by Moldovan electric energy supply enterprise up by 3.6 per cent

Chisinau, 17 March /MOLDPRES/ - The residents from the zone served by the Company Gas Natural Fenosa Furnizare Energie (Gas Natural Fenosa Energy Supply) will pay a tariff of 1.99 lei for one KW/hour (without value added tax), up by 3.6 per cent than the earlier rate, after the entrance into force of the decision on the approval of new tariffs by the Administrative Board of the National Energy Regulatory Agency (ANRE).   

The energy supplier demanded an increase in the tariffs for services of providing electric energy to end consumers by an average of 12.7 per cent starting from 1 April 2017, including for the household consumers amounting to 2.26 lei for one KW/hour.   

The request on adjusting the tariffs to the costs was submitted to ANRE in late last November, when the electricity provider demanded a 10.5-per cent rise. The enterprise reasoned the demand by the fact that a part of the earlier accumulated deviations had not been taken into account when setting the tariff in July 2015, an inflation rate of 4.4 per cent, as well as a rise in the basic costs.   

The postponing of the adjusting led to the accumulation of new financial deviations and additional spending; as a result, the company revised its demand to an increase of 12.7 per cent, a representative of Gas Natural Fenosa Energy Supply, Sergiu Codreanu, said.

A ANRE representative, Alexandru Ursu, said that, when updating the tariffs, decision-makers had taken into account more factors, including the earlier accumulated financial deviations as a result of the Moldovan leu’s depreciation, as well as of the drop in the electric energy’s acquisition price, an exchange rate lower than the one taken into account at the previous adjusting of the tariff and other factors.    

The end consumers connected to the high tension networks will pay a tariff of 1.53 lei for one KW/hour and the ones connected to the medium-tension networks – 1.82 lei, respectively, by 0.08 and 0.11 lei less than demanded by Gas Natural Fenosa Energy Supply.

The administration of the biggest electric energy provider of Moldova showed discontent with the level of increases, stressing that the new tariffs did not encourage investments in networks.  

(Reporter V. Bercu, editor L. Alcaza)