Slovakia could see electricity and gas prices fall
Current energy prices at the energy exchange give space for electricity and gas price reduction. The Regulatory Office for Network Industries, however, does not plan to open a new price-setting process and will let energy suppliers make decision on a possible price reduction.
Households and small businesses, which the Regulatory Office for Network Industries (URSO) still sets energy prices for, could see their prices for electricity and gas go down. The wholesale prices of electricity and gas on the global markets are lower than prices which the Office took into account when setting prices at the end of 2015. While the Office worked with the electricity price of roughly 34 euros per MWh for this year’s electricity prices, at the end of February, the price at Prague Energy Exchange stood at around 27 euros, according to the data published by the Office. The regulator calculated with the price of around 21 euros per MWh, while the exchange price was approximately 13 euros in late February. The Office, however, does not plan to open a new price-setting process and will let energy suppliers make decision on a possible price reduction.
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