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New electricity tariffs for Premier Energy and FEE Nord customers took effect on November 4.

New electricity tariffs for Premier Energy and FEE Nord customers took effect on November 4.

The National Energy Regulatory Agency's (ANRE) Management Board decisions on the prices for the supply of electricity by Premier Energy and Furnizarea Energiei Electrice Nord (FEE Nord) have been published in Monitorul Oficial (the Official Journal of Moldova) on Friday. Thus, for Premier Energy consumers, whose electricity installations are connected to the low-voltage (0.4 kW) distribution networks, the tariff increased by 51.4%, from 3.15 to 4.77 lei/kWh, and for FEE Nord consumers - from 3.21 to 4.81 lei/kWh (+49.8%). At the same time, for Premier Energy end consumers whose electricity installations are connected to high voltage distribution networks (35; 110 kW), the tariff increased by 54.1% - from 2.81 to 4.43 lei/kWh, and for consumers whose electricity installations are connected to medium voltage distribution networks (6; 10 kW) - by 60.4% - from 2.68 to 4.3 lei/kWh. For FEE Nord consumers, whose electrical installations are connected to medium-voltage distribution power networks (6; 10 kW), the tariff increased by 60.9% - from 2.61 to 4.2 lei/kWh. The cost of electricity at the entry/exit points to/from the transmission network also increased: the tariff for electricity supply at points of entry into the transmission grid for Premier Energy at points of entry increased from 2.51 to 4.13 lei/kWh, and at points of exit from the transmission grid from 2.65 to 4.28 lei/kWh (+23.8%), and for FEE Nord these tariffs increased from 2.27 to 3.87 lei/kWh and respectively from 2.42 to 4.01 lei/kWh. This is the fourth price increase for all categories of Premier Energy and FEE Nord consumers in 2022 (the previous increases occurred in April 1, June 10 and October 14). ANRE explained the November adjustment of tariffs by a number of factors, such as interruption of power purchase contracts with Ukraine; the refusal of the Moldovan Power Plant to extend the power supply contract for right bank Moldova and complete cessation of deliveries as of November 1; reorientation of purchase of about 80% of the necessary power from the European market at a higher price. Thus, the average price of imported electric power in 10 months of this year was about $62/MWh, while the price of imported electric power under the last concluded contracts is about $177/MWh. At the same time, due to shortages during peak consumption hours, the transport system operator Moldelectrica resorted to an emergency contract with the Romanian transport system operator, Transelectrica. The cost of energy purchased under this contract ranges from $190 to $348 per MWh. //04.11.2022 – InfoMarket

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