Moldova’s state-owned supplier requires a 10% increase in electricity tariffs

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Electricity supply company Nord SA (FEE-Nord) requested to increase electricity tariffs for 2019. The state-owned company supplies energy to about half a million consumers in the districts of northern part of the Moldova Republic, according to mold-street.md.

According to the application submitted to the National Agency for Energy Regulation (ANRE) in Moldova, tariffs would increase by about 10%. Thus, for large consumers the growth would be of 11.4% and for the households, of 9.4%.

At the same time, FEE Nord calls for a 15-16% increase in final prices for electricity supplied at entry or exit points in transport networks. The State-controlled company argues its request to raise tariffs in particular through the financial losses of about 110 million lei accumulated in the years 2017-2018.

In June 2018, ANRE in Moldova raised its energy supply tariffs by 10% for households, while those for large consumers were decreased by 9.7%, according to unimedia.info.

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