Energy, Energy Market, Latvia
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Wednesday, 24.04.2024, 15:23
Tariffs of Rigas Siltums municipal heating company to grow 16.9% for two years
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Rigas Siltums reduced the aggregate planned expenses
by EUR 5.1 mln compared to the initial tariff project, but, at the same time,
other expenses were included in the tariff project that affected the end
tariff.
The regulater noted that the average heating tariff among 30
cities in Latvia is EUR 53.48 per MWh, thus, the heating tariffs in Riga still
will be below the average.
The tariff project has been submitted to the Public
Utilities Commission. According to the new tariffs, the cost of one MWh will
grow from EUR 44.39 to EUR 49.99, excluding value added tax (VAT).
As reported, the current tariffs of EUR 44.39 per MWh have
not been changed since June 2013.
Rigas Siltums is one of the key heat suppliers in
Riga as 76% of its output is used for heating and hot water supply to
residential houses in Riga.
The shareholders of the company are the Latvian state with
48.995 % of shares, the Riga City Council with 49%, Energijas Risinajumi.RIX
with 2% and the state-owned energy company Latvenergo with 0.005%.
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