REG - Soc EnergElectricaSA - Approval of the tariffs for Electrica's DSO, DEER

Societatea Energetica Electrica SAAnnouncement

22/12/2023 09:45

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RNS Number : 7799X  Societatea Energetica Electrica SA  22 December 2023

 

To:      Bucharest Stock Exchange (BSE)

            London Stock Exchange (LSE)

Romanian Financial Supervisory Authority (FSA)

 

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

Report date: 22 December 2023

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

Headquarters: 9 Grigore Alexandrescu Street, 1st 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), London Stock Exchange (LSE)

Significant events to be reported: Information regarding the modification of
specific tariffs for the electricity distribution service, for Societatea
Distributie Energie Electrica România S.A. (DEER), Electrica's subsidiary

Electrica informs its shareholders and investors that the ANRE Order no.
115/20.12.2023 was published in the Official Gazette part I, no.
1163/21.12.2023, which modifies the specific tariffs for the electricity
distribution service for DEER, Electrica's distribution subsidiary.

The new tariffs applicable from 1 January 2024 are shown in the table below,
compared to those applicable from 1 April 2023:

 Concessionaire distribution        Voltage level  Specific tariff applicable from 1 Apr. 2023  Main component  Component       Specific tariff applicable from 1 Jan. 2024  Main component  Component       Δ

system operator

                                                                                                                related to                                                                   related to

                                                                                                                additional                                                                   additional

                                                                                                                costs with NL                                                                costs with NL
                                    (lei/MWh)                                                   (lei/MWh)       (lei/MWh)       (lei/MWh)                                    (lei/MWh)       (lei/MWh)       (%)
 (1)                                (2)            (3)=(4)+(5)                                  (4)             (5)             (6)=(1)+(8)                                  (7)             (8)             (9)=(7)/(4))
 DEER - Muntenia                    IT             31.23                                        29.20           2.03            34.72                                        32.96           1.77            12.9%

North area
                                    MT             69.44                                        58.33           11.11           74.69                                        65.71           8.98            12.7%
                                    JT             229.96                                       198.81          31.15           238.63                                       215.50          23.13           8.4%
 DEER - Northern Transylvania area  IT             29.09                                        26.94           2.15            31.22                                        29.69           1.53            10.2%
                                    MT             71.38                                        60.90           10.48           74.86                                        67.85           7.01            11.4%
                                    JT             182.24                                       157.27          24.97           190.16                                       174.96          15.20           11.2%
 DEER - Transylvania                IT             28.48                                        26.85           1.63            29.55                                        28.38           1.17            5.7%

 South area
                                    MT             62.32                                        55.74           6.58            63.05                                        58.68           4.37            5.3%
                                    JT             171.97                                       150.17          21.8            185.49                                       172.23          13.26           14.7%

IT=High voltage, MT=Medium voltage, JT=Low voltage, NL=network losses

The electricity distribution tariffs used for billing shall be calculated by
summing up the specific tariffs for the electricity distribution service
according to the voltage level at the point of delimitation of the electrical
installations belonging to the concessionaire distribution operator from those
of the final customer, established according to the electricity distribution
contract.

The electricity distribution tariffs will be the basis for the revenues from
the electricity distribution activity achieved by the distribution operator
within the Electrica Group during 2024.

The ANRE Order approving the specific tariffs for the electricity distribution
service and of the price for reactive electricity for 2024 for DEER 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/) .

 

Contact: ir@electrica.ro (mailto:ir@electrica.ro) ; +40 731 796 111

 

Chief Distribution Officer

Livioara Sujdea

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