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ÚRSO says household gas prices will increase 5.53% in 2012

Gas prices for Slovak households will rise by an average of 5.53 percent in 2012, Jozef Holjenčík, the head of the Office for Regulation of the Network Industries (ÚRSO), told the TASR newswire on December 14. "For the tariff group of consumers using gas for cooking only, this represents an increase of €1.60 per year. For the group of consumers who use gas also for heating water, the annual payment will go up by €29.40 and for those who use gas also for heating, the increase represents growth of €66 per year," Holjenčík stated, as quoted by TASR.

Gas prices for Slovak households will rise by an average of 5.53 percent in 2012, Jozef Holjenčík, the head of the Office for Regulation of the Network Industries (ÚRSO), told the TASR newswire on December 14.

"For the tariff group of consumers using gas for cooking only, this represents an increase of €1.60 per year. For the group of consumers who use gas also for heating water, the annual payment will go up by €29.40 and for those who use gas also for heating, the increase represents growth of €66 per year," Holjenčík stated, as quoted by TASR.

The announced gas prices will cover only part of the costs of the gas utility Slovenský Plynárenský Priemysel (SPP), said its spokesman Ondrej Šebesta.

"This means that the company is expecting a loss in the regulated segments in 2012 again. The loss generated in the regulated segments of gas sales in 2011 will reach several dozens of millions of euros," said Šebesta, adding that the current price of gas for households does not reflect economic reality and does not enable the company to cover its justified costs.

"SPP will, after deep analysis of the price-related decisions, take further steps necessary for protection of its interests," Šebesta stated, as quoted by TASR.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
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