'Elektrum' electricity bills to rise by average of 65%

Customers supplied electricity by the "Elektrum" sub-brand of the Latvenergo company can expect to see their electricity bills rising by an average of 65% per month from September, spokeswoman Ivita Bidere told the LETA news  agency July 27.

The information available to LETA shows that, for example, for customers with an "Elektrum economic" connection, the price of electricity will increase by 67% from September 1 - from 0.14169 to 0.23671 euros per kilowatt hour (kWh).

Bidere said that the company is revising prices for customers, with changes made individually according to the terms of the contract and depending on two factors - the selected product and the date the contract was signed. 

Bidere indicated that the price increases could be both higher or lower, but on average would be about 65%.

She also suggested residents review their electricity usage habits again during the summer and, where possible, take energy efficiency measures.

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