We use cookies to make sure our website better meets your expectations.
You can adjust your web browser's settings to stop accepting cookies. For further information, read our cookie policy.
SEARCH
IN Warsaw
Exchange Rates
Warsaw Stock Exchange - Indices
The Warsaw Voice » Business » September 20, 2018
You have to be logged in to use the ReadSpeaker utility and listen to a text. It's free-of-charge. Just log in to the site or register if you are not registered user yet.
Power market watchdog chief on electricity tariffs
September 20, 2018   
Article's tools:
Print

Maciej Bando
Poland's power market watchdog URE may "tip the scales" to press power utilities into hikes of household electricity tariffs in 2019 to stave off "absurd" demands that the sector forego price hikes, URE chief Maciej Bando implied while talking to reporters at the energy forum in Wroclaw.
"It could happen that we have to tip the scales," Bando said, citing the regulatory need to "balance interests" in the system amid reports that the industry may be under pressure to avoid putting new costs on households.
"It's absurd but those are the signals [we're seeing]."
Late August Bando said in a press interview he "cannot imagine" power utilities forgoing motions for tariff hikes amid soaring CO2 emission rights and coal prices. A local daily has claimed that the Energy Ministry is pressing the industry to forego tariff motions.
"It's not just about taking care of group G [individual clients], today we also need to take care of [power utilities]," he insisted in Wroclaw.
Poland should hike retail electricity tariffs next year, as delays in hiking tariffs could make the eventual unavoidable hikes "shocking and harder to accept," Bando argued in his late August interview.
Polish SMEs could feel the brunt of the burden if Poland skews the market to protect only households, he warned.
"Remember not to burden group C [SMEs] for others' sake as this [group] is the core of economic development," he said. "This group is actually the most affected by price hikes. . . [and] it may again feel very disappointed in the coming months."
© The Warsaw Voice 2010-2018
E-mail Marketing Powered by SARE