Tariff for running the power grid could fall by 21% in 2022
The tariff for running the power grid could fall by 21% in 2022, says ÚRSO, the utilities’ regulator. The tariff is part of the final price of electricity and finances subsidies for renewables and coal. The drop comes on the back of the extension and reduction of subsidies for photovoltaic power plants, as well as rising electricity prices. The tariff reduction will ease next year's rise in power prices. The price of electricity on the Prague energy exchange hit almost €90 per MWh on Tuesday. It was this high only a single day, on July 1, 2008.
ÚRSO is considering repaying the €111m debt to power distributors for subsidies to renewables originating in 2019 in four installments by 2025. The €162m debt, originating before 2018, was repaid from the state budget last year. This year, the subsidy system generates surpluses, estimated at €123m for the whole year.
