The increase in the tariff for the purchase of system services will have a small effect on the electricity costs borne by the users, in the case of an annual household consumption of 1 – 1.5 MWh, the increase in the annual bill being a maximum of 3.7 – 5.5 lei/ year, informs the National Energy Regulatory Authority (ANRE). “The tariff increase for the purchase of system services is 3.67 lei/MWh, from 9.17 lei/MWh, valid for the period January 1-May 31, 2024, to 12.84 lei/MWh (about 40% – n.r.) , valid from June 1, 2024. Considering the very small share of the tariff for the purchase of system services in the final price billed to users, the increase in the tariff for the purchase of system services will have a small effect on the electricity costs borne by users In the case of an annual household consumption of 1-1.5 MWh, the increase in the annual bill as a result of the increase in the tariff for the purchase of system services will be a maximum of 3.7-5.5 lei/year, respectively 31 money/month – 46 money/month. The tariff increase has no effect on the bills of household consumers, for which the price of electricity is capped”, states ANRE. According to the source cited by Agerpres, the tariff for the purchase of system services covers the costs of Transelectrica S.A. with the acquisition of capacity reserves, which is carried out in a competitive regime, respectively from the market of system services, from qualified service providers. The purchase of these services is mandatory to ensure the operation of the electric power system in safe conditions. Between April and May 2024, purchase prices for capacity reserves registered a significant increase compared to 2023 and the first quarter of 2024, ANRE emphasizes. “This increase led to a significant increase in the costs of the transport and system operator compared to the costs forecasted on January 1, 2024, a forecast based on historical data. Thus, the difference between the costs of purchasing capacity reserves realized in the months of April-May and those forecasted rose to the level of approximately 75 million lei. The increase in the tariff for the purchase of system services ensures the recovery by Transelectrica S.A. of the above-mentioned difference, until the end of 2024,” the regulatory authority said.
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
President Nicușor Dan said the “rule of law is not negotiable” and stressed that serious problems affecting the justice system can be resolved, as public concern grows following allegations of corruption highlighted in a recent investigative documentary by Recorder titled “Captured Judiciary.” People
Romanian authorities have reportedly confirmed an increase in “super flu” cases in December after the virus caused unprecedented problems in other European countries. In total, over 3,000 flu cases were reported in Romania in just the first week of December, double the number recorded in the previous week (1,504), Euronews Romania reported. The virus is […]
This autumn, a mature linden tree on the campus of the British School of Bucharest (BSB) was relocated to a new position within the school grounds to make space for the development of new sports facilities. The operation, supervised by two UK specialists from Ruskins Trees & Soil Biology Ltd, represents the first such relocation […]
Romania continues to record the largest value-added tax gap in the European Union, losing around one-third of both VAT and corporate tax revenues, according to an analysis by PwC Romania based on the VAT Gap in Europe report by the European Union. The country has held the top position in VAT non-collection for the past […]
Romanian companies recorded higher profitability than peers in Bulgaria, the Czech Republic, Hungary, and Poland across nine economic sectors, positioning Romania among the most attractive regional markets for investors in selected industries, Ziarul Financiar reported, citing a joint study by the Bucharest...
