Electricity invoice, to drop some 7-10 percent by year-end

The electricity invoice will drop some 7-10 percent by the end of the year, Minister Delegate for Energy Constantin Nita told a specialist conference on Thursday.

„Some measures that we took mainly in the green certificate area have not been very welcomed or friendly especially towards the investors in this area, but this brings us a reduction in the invoice value starting July 1, after the estimated calculations ANRE supplied us [the National Energy Regulatory Authority], of 4.75 percent. In my opinion, by the end of the year the invoice will drop some 7-10 percent,’ Nita said.

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According to him, the economic efficiency also concerns the hydro, nuclear and natural gas sectors.

‘All need to keep within the market demands. Who does not keep within these margins, as provide the market economy rules, will die. Only the efficient one endures. Our duty in terms of energy policy is to produce as cheap as possible and to ensure the country’s energy security. This thing will probably surge from the new energy strategy we are preparing,’ Nita explained.

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According to ANRE, the electricity invoice value will decrease 5 percent on average in August, following the state’s postponing the granting of a number of green certificates to the renewable energy producers, as well as to the 1.3 percent decline in the price of electricity supplied to final consumers.

The emergency ordinance for establishing the system of promoting the energy production from renewable sources has been recently adopted by the Government, the law providing that the green certificate recoup would be done starting March 31, 2017, for the hydro-power and solar-power plants, namely starting January 1, 2018, for the wind-power plants.

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ANRE will be compelled to regulate through annual quotas the volume of electricity produced from renewable sources to be taken over in the National Power Grid. (National News Agency AGERPRES)

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