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Latvian regulator repeatedly rejects new tariffs of the 2nd cogeneration plant
Alla Petrova, BC, Riga, 27.05.2009.
Print version
Print versionPublic Utilities Commission today repeatedly turned down new draft tariffs for electricity and heating produced at Latvenergo 2nd cogeneration plant, as the commission informed LETA.
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The regulator concluded that the 2nd cogeneration plant is not working at full capacity, and the new tariffs exceed the price that could be charged if the electricity was produced at an effective thermal power station.
The Public Utilities Commission first turned down the new electricity tariffs proposed by Latvenergo on March 4 this year, and Latvenergo submitted a revised version of the tariffs on March 6.
As reported, Latvenergo has sued the Public Utilities Commission over its decision not to endorse new tariffs of Latvenergo subsidiaries Augstsprieguma tikls and Sadales tikls, which wished to raise the tariffs by 43.9% and 15.1% respectively.
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