Electricity prices for households in Lithuania are set to rise by around 15 percent on average next January.
Electricity prices for households to rise in January
© DELFI / Andrius Ufartas

The National Energy Regulatory Council (VERT) approved on Thursday new rates for customers of the electricity and gas supply company Ignitis.

The standard electricity rate is set to increase by 1.9 euro cents, or 14.6 percent, to 14.9 cents per kilowatt-hour, including VAT. Households charged on a time-of-day basis will likely pay 16.8 cents for daytime electricity, up by 2.5 cents, or 17.5 percent, and 10.7 cents for nighttime electricity, up by 0.7 cents, or 7 percent.

The fixed price component remains unchanged at 3 or 6 euros monthly, depending on the plan.

Energy Minister Zygimantas Vaiciunas told BNS in October that the hike in electricity prices for consumers was due to rising wholesale market prices.

Electricity prices for household consumers went up by 15 percent on average in January 2019, too.

It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
|Populiariausi straipsniai ir video

IMF: concentration of banking sector in Lithuania hasn’t restricted competition

High concentration in Lithuania's banking sector has so far not resulted in a lack of competition in...

Sinkevicius: European recovery fund would not cut environmental funding

The European Commission 's proposed 750-billlion-euro economic recovery instrument will not reduce...

Lithuanian urban logistics platform raises €2.2M seed from Japanese backed VC

Ziticity , Lithuanian last-mile delivery service has closed a €2.2 million seed equity investment...

Some 70 flights to return to Lithuanian airports in July

As European countries are gradually resuming air transport, some 70 flights are scheduled to return to...

Loan signed to finance planned gas interconnection between Poland and Lithuania

The European Investment Bank (EIB) has signed a €65 million loan agreement with Lithuanian gas...

Top news

Twelve suspects and convicts brought by military plane from UK

Twelve suspects and convicts whose extradition had to be postponed due to the coronavirus pandemic...

Lithuania hands over to Russia regarding serious environmental violations in Baltic Sea

On 3 July, the Ministry of Foreign Affairs of Lithuania handed over a verbal note to the Embassy of...

LGBT community calls on president to show solidarity and wear rainbow badge (2)

Representatives of Lithuania’s lesbian, gay, bisexual and transgender ( LGBT ) community and their...

3 new coronavirus cases

On Thursday, 3 new coronavirus cases were recorded in Lithuania. Overall, 1828 COVID-19 cases have...

First ladies discuss challenges brought by COVID-19 pandemic

Lithuania’s First Lady Diana Nausediene and Elke Budenbender, spouse of Germany’s president,...

|Maža didelių žinių kaina