Spectator on facebook

Spectator on facebook

Government gets greater influence over energy prices

PARLIAMENT approved a revision to the Act on Regulation yesterday which gives greater power to the government to control energy prices.

According to the revision, the current management of the Bureau for the Regulation of Network Industries (ÚRSO) will end their terms in office on March 15, allowing the government to nominate six new members to ÚRSO’s top body, the regulatory board. The government also chooses ÚRSO’s director, who is responsible for signing price decisions on behalf of the network regulator. In addition, Economy Minister Ľubomír Jahnátek will vet all pricing verdicts.

The opposition and the country’s energy suppliers have warned that the head of ÚRSO will now be under greater political pressure, and that energy prices in future may not include justified costs and adequate profit, the Pravda daily wrote.

“Already today we can see the impact of political pressure on this year’s prices in that water suppliers lack sufficient funds for making investments,” said opposition MP Ivan Mikloš of the Slovak Democratic and Christian Union.

The opposition also objected to what it saw as the unjustified dismissal of the ÚRSO’s current management. Jahnátek said that the new tasks and the personnel department of ÚRSO and the regulatory board made the dismissals necessary.

Slovak consumers have already experienced the negative impact of political interference with energy prices. Between 1999 and 2004, the price of heating for households increased 375 percent after years of price caps by the preceding government of Vladimír Mečiar.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Another For a Decent Slovakia protest was also joined by farmers

People took to the streets for the eighth time.

Farmers with tractors awaited the protesting crowd at the SNP Square in Bratislava.

Coronations return to Bratislava Photo

This year Bratislava will recall the coronation of Leopold II, the younger son of Maria Theresa.

Bratislava will again enjoy re-enactment of coronation ceremony

Police detain another person in promissory notes case

Ex-director of private broadcaster TV Markíza, Pavol Rusko, was detained shortly after being heard.

Pavol Rusko

Last Week in Slovakia: Farmers staged a protest by driving across the country Audio

Listen to all the headlines from The Slovak Spectator's news podcast.

Farmers also met President Andrej Kiska in Bratislava