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Heating prices might go up 3-5 percent

HEATING prices in Slovakia could increase by 3-5 percent as of October 1. Miroslav Ľupták, the spokesman of the Regulatory Office for Network Industries (ÚRSO) energy market regulator, said that 10 heat producers have already submitted demands to the authority that heating prices be increased for the coming winter.

According to the ÚRSO, heating prices are already 2-4 percent higher than the original estimate due to the still growing prices of fuel oils and crude oil. Higher natural gas prices are the reason why heating prices could go up as of October as well, the SITA news agency wrote.

If heat producers want to increase prices as of October 1, they must deliver their request to the regulatory office by the end of August. The ÚRSO then has 30 days to decide on a new price directive.

Miroslav Obšívaný, the chairman of the board of the Slovak Association of Heat Producers (SZVT), said that SZVT members are filling out applications for a heat price increase and that they are gradually submitting them to the regulatory office.

Heating prices for households rose by 17 percent in early 2006.

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