Electricity suppliers can wait until March for rates to be modified, official

Deputy Prime Minister Andrei Spînu, Minister of Infrastructure and Regional Development, said the electricity suppliers can wait until March for the power rates to be modified so as pass to the new power purchase. He made such a statement after “Premier Energy” recently asked the National Agency for Energy Regulation to raise the rate from 1.51 lei/kWh to 2.79 le /kWh, IPN reports.

Andrei Spînu told a news conference that he discussed the accumulating negative deviations with representatives of the company last month. “I must say that “Premier Energy” by December had positive deviations in the rate,” he stated, noting that the electricity suppliers should have waited until March, when the current contract for the supply of power expires, so as to later modify the rate based on the future purchase price.

The minister said the Government learned about the request made to NAER and is waiting for the Agency’s decision so as to agree the subsequent steps.

“Premier Energy” SRL requested the National Agency for Energy Regulation to consider increasing the electricity rate for end-users from 1.51 lei/kWh to 2.79 lei/kWh. If its request is accepted, the electricity will be more expensive as from February 1, 2022.

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