REG - Soc EnergElectricaSA - Amendment of the distribution tariffs - DEER

Societatea Energetica Electrica SAAnnouncement

25/03/2022 16:00

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RNS Number : 1247G  Societatea Energetica Electrica SA  25 March 2022

To:                              Bucharest Stock
Exchange (BSE)

                                    London
Stock Exchange (LSE)

                                    Romanian Financial
Supervisory Authority (FSA)

 

Current report in compliance with the Law 24/2017 on issuers of financial
instruments and market operations, FSA Regulation no. 5/2018, and the
Bucharest Stock Exchange Code

Report date: 25 March 2022

Company name: Societatea Energetica Electrica S.A. (Electrica)

Headquarters: 9 Grigore Alexandrescu Street, 1(st) District, Bucharest,
Romania

Phone/fax no.: 004-021-2085999/ 004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,464,435,970

Regulated market where the issued securities are traded: Bucharest Stock
Exchange (BSE) and London Stock Exchange (LSE)

 

Significant events to be reported:

 

Information regarding the amending of the specific tariffs for the electricity
distribution service applicable for Distributie Energie Electrica Romania S.A.
(DEER), subsidiary of Societatea Energetica Electrica S.A. (Electrica)

Electrica informs the shareholders and investors about the fact that it has
been published in the Official Gazette part I, no. 290 / 25.03.2022 the ANRE
Order no. 28 / 23.03.2022, amending the specific tariffs for the electricity
distribution service for Distributie Energie Electrica Romania S.A.

The new tariffs, applicable starting with 1 April 2022 are presented in the
table below, compared to those applicable from 1 January 2022 and until 31
March 2022:

 Concessionaire distribution operator  Voltage level   Specific tariff applicable starting  Specific tariff applicable starting  Δ%

1 April 2022 (lei/Mwh)
1 January 2022 (lei/Mwh)
 DEER -                                High Voltage    23.35                                21.02                                11.08%

 Muntenia Nord area
                                       Medium Voltage  56.7                                 43.54                                30.23%
                                       Low Voltage     175.26                               140.68                               24.58%
 DEER -                                High Voltage    23.77                                21.79                                9.09%

 Transilvania Nord area
                                       Medium Voltage  57.49                                48.13                                19.45%
                                       Low Voltage     144.73                               122.78                               17.88%
 DEER -                                High Voltage    24.63                                22.34                                10.25%

 Transilvania Sud area
                                       Medium Voltage  54.52                                45.49                                19.85%
                                       Low Voltage     158.84                               127.04                               25.03%

 

The electricity distribution tariff charged for invoicing is calculated by
adding the specific tariffs for the electricity distribution service depending
on the voltage in the point for delimitation of electric installations
belonging to the concessionaire distribution operator from those belonging to
the end consumer, as established under the electricity distribution agreement.

The enforcement of the new electricity distribution tariffs will generate
revenues from the activity of the distribution operator within the Electrica
Group similar to those provided in the Individual and Consolidated Budget of
Electrica for 2022 - the revised form, published on 23 March 2022 on Electrica
website, in order to be approved by the Ordinary General Meeting of
Shareholders of 20 April 2022 (available at
https://www.electrica.ro/en/investors/general-meetings-of-shareholders/2022-gms/general-meeting-of-shareholders-as-of-20-april-2022/
(https://www.electrica.ro/en/investors/general-meetings-of-shareholders/2022-gms/general-meeting-of-shareholders-as-of-20-april-2022/)
).

The ANRE Order no. 28/23.03.2022 amending the specific tariffs for the
electricity distribution service and of the price for reactive electricity for
Distributie Energie Electrica Romania S.A. is available, in electronic format,
on the Company's website
at https://www.electrica.ro/en/investors/results-and-reports/current-reports/
(https://www.electrica.ro/en/investors/results-and-reports/current-reports/) .

 

 

CEO

Georgeta Corina
Popescu

 

 

 

 

 

 

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