Universal service in Estonia was more expensive than the most popular fixed-price packages in June and rose to the highest price level in the electricity market so far, a comparison by the independent website energiaturg.ee revealed.
Universal electricity service margin at record level in June
11th July 2013, 18:20
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All the biggest universal service providers raised the markups of universal service compared to the previous months.
«The higher price level was caused by higher than expected electricity prices on the power exchange in June and the rise in margins resulting from the decrease in consumption in summer months,» lead analyst with energiaturg.ee Pirmin Tamm said.
The lowest universal service markups per kilowatt-hour were those of VKG Elektrivorgud at 0.65 cents, Eesti Energia at 0.91 cents and Imatra Elekter at 0.99 cents.
According to Tamm the users of fixed-price packages saved the most in June.
The prices include VAT but show only the cost of electricity without network fees and excise duty.
The website monitoring the electricity market is developed jointly by the law firm Glimstedt, investment company Capital Mill and IT company Helmes.