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Power prices down

WHOLESALE prices for electricity have decreased by over 12 percent so far in 2013 compared to last year. The dominant power producer Slovenské Elektrárne (SE) expects wholesale prices for electricity to remain largely unchanged, at the current level of between €40 and €43 per MWh, SE spokesperson Janka Burdová told the SITA newswire in mid March.

WHOLESALE prices for electricity have decreased by over 12 percent so far in 2013 compared to last year. The dominant power producer Slovenské Elektrárne (SE) expects wholesale prices for electricity to remain largely unchanged, at the current level of between €40 and €43 per MWh, SE spokesperson Janka Burdová told the SITA newswire in mid March.

The drop in wholesale electricity prices will affect the end price of electricity next year. These tariffs account for roughly 40 percent of the final price. Costs linked to the transmission and distribution of electricity and various additional fees make up the rest of the end price.

“SE as the power producer sells its production for prices set at the energy exchange in Germany,” said Burdová. “However, this price makes up less than one half of the end-price for electricity which end-users – households and companies – pay.”

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