Electricity tariff liberalization for public delayed until 2017
The period over which energy prices for the public will be gradually liberalized has been extended by two years to 2013-2017, said Istvan Szekely, the chief of the European Commission in Romania March 2012 - From the Print Edition
For industrial consumers, regulated tariffs will be phased out by the end of 2013.
He added that the market should decide prices and that international financial institutions will encourage the Government to reach this target, but that changes must be gradual, transparent and predictable. In turn, Jeffrey Franks, head of the IMF’s mission in Romania, said that the adjustment of electricity tariffs for industrial consumers will begin in the coming months, and for the public over 2013 to 2017, with the State ensuring the most vulnerable consumers are protected.
Regarding gas prices for the public, Franks said that the adjustment should start gradually from 2013. Under previous agreements with international institutions, regulated energy and gas tariffs were to be phased out by the end of 2013 for industrial users and by 2015 for domestic ones.
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