Electricity prices in western Slovakia to drop by 3.5% on average

Households in western Slovakia should pay 3.5 percent less on average for electricity beginning next year, the head of the strategy and regulation department of the regional power distributor Západoslovenská Energetika (ZSE), Michal Puchel, told the SITA newswire.

Households in western Slovakia should pay 3.5 percent less on average for electricity beginning next year, the head of the strategy and regulation department of the regional power distributor Západoslovenská Energetika (ZSE), Michal Puchel, told the SITA newswire.

He said that households will feel this decrease after the Regulatory Office for Network Industries approves prices for distribution and costs of transmission loss, which are also part of the overall electricity prices. Puchel explained that the power distributor estimates the overall price reduction for households at 3.8 percent on average. He emphasized that this figure is now just a guess because the regulator has not yet officially issued all of its decisions.

ZSE knows that its prices for electricity supplies for households will go down by 5.24 percent. The prices for supplies include costs related to the commodity, supply costs and deviation. The price for supplies makes up over 50 percent of the total electricity price paid by end consumers. Prices for electricity supplies charged by ZSE have already received the nod of the regulator.

Particularly households that consume 9,000 kWh of power annually will see the steepest decline in prices, about 37 percent. In contrast, small households consuming about 2,000 kWh annually will pay more. These are mostly three-room apartments. Their owners will pay 1.9 percent more for power supplies.

In explaining the moderate increase in prices for electricity supplies in this segment, the director of trading division at ZSE, Miroslav Recký, said that “the regulatory authority did not allow us to include all maintenance costs, for instance the operation of customer line, in prices of electric energy this year.” The ZSE plans a significant reduction of electricity prices for businesses next year, by about 24 percent on the average. SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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