Rīga heating tariff to rise further

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Rīga heating company Rīgas siltums has submitted new draft thermal energy tariffs to the public service regulation commission (SPRK), which provides for further increase in thermal energy tariffs, LETA reported February 8.

The increase is provided at 11% between March 11, 2022, and February 28, 2023, compared to the tariff currently in force. 

Rīgas siltums currently applies a final thermal energy supply service tariff of EUR 66.76 per megawatt-hour (MWh) without value-added tax (VAT), but from March 11 the final thermal energy tariff is expected to be increased to EUR 74.08 per MWh.

The thermal energy production tariff from March 11 is planned to increase by 11.1%, from EUR 49.53 per MWh to EUR 55.04 per MWh, while the increase in the thermal energy transmission and distribution tariff is expected to rise by 4.8% - from EUR 15,79 per MWh to EUR 16,55 per MWh. The trade tariff for thermal energy is expected to be unchanged at EUR 1.31 per MWh. The final tariff also includes contingency costs of EUR 1.05 per MWh. On the other hand, the natural gas excise duty component is EUR 0.13 per MWh.

As of March 1, 2023, Rīgas siltums currently offers a final thermal energy tariff of EUR 73.03 per MWh, which would be 9.4% more than the current tariff.

According to the statement, the increase in the tariff is linked to the increase in gas prices. The tariffs have been increased twice this season: as of September 1 by 26.6% and as of November 1 by 16.5% compared to the previous tariffs.

 

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