Electric power tariffs will be higher from November 9

The Administration Board of the National Agency for Energy Regulation (NAER) considers there are no reasons for reviewing its decisions of July 17-18, 2015 by which higher electricity tariffs were approved. The Board stated its position as a result of the public debates held on the external audit reports on the new tariffs. Thus, the new tariffs approved by the NAER take effect on November 9, 2015, IPN reports.

The end-users connected to the low voltage power lines of Gas Natural Fenosa Furnizare Energie will pay a tariff of 216 bani/kWh, those connected to the medium voltage power lines – of 195 bani/kWh, while those connected to the high voltage power lines – of 168 bani/kWh.

The tariff for end-users served by RED Nord through low voltage power lines will be 223 bani/kWh, while for those served through medium voltage power lines – 202 bani/kWh.

The domestic consumers connected to the low voltage power lines of RED Nord – Vest will pay 233 bani/kWh, while those connected to the medium voltage power lines - 207 bani/kWh.

The NAER said the external audit on the methodology of calculating the electric power tariffs confirmed that the calculations were done correctly and established that the adjusted tariffs include over 95% of the costs for purchasing electricity that rose as a result of the depreciation of the Moldovan leu against the US dollar.

The Agency said it will look for an optimal formula for the power suppliers to recover the tariff deviations sustained the previous years so that the impact on end-users is not significant.

On November 9, the NARE will provide information about the new natural gas tariffs approved by its decision of July 18, 2015, which was later suspended until November 15.

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