Posted by on 30 Nov 2010. Filed under Business, Top news. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Get ready for higher gas bills next year

After 4 years of almost the same price, it now looks like gas prices for households will go up from the New Year. This comes after the national regulatory authority URSO decided to set prices by itself, even though it rejected several proposals of gas utility SPP this year already.

Head of the regulator, Jozef Holjencik said that the hike would not be in double figures, which probably means prices will go up by something just under 10%. For a family in a house using gas also for heating and hot water, the hike could mean an additional EUR 300 or so a year extra on their bills.

Prices haven’t increased since 2006, but now the regulator will use its own calculations to push prices up, chiefly because of changes in the EUR/USD exchange rate, which determines the purchase price of gas from Russia.

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