Cheaper Electricity Bills Expected in April – Factors Influencing Pricing

The final charges consumers will face in April depend on each company’s commercial policy and the cessation of subsidies. Within March, the wholesale price significantly dropped by about 30% due to improved weather conditions and reduced demand. However, market estimates suggest that retail electricity bills may not follow the same downward trend but will experience a milder decrease. The primary reason is the expiration of the 1.5 lepta/KWh subsidy provided by the government for several months. The stated goal of the Regulatory Authority for Energy (RAE) is to establish final prices around 15 lepta/KWh for green tariffs. For April, it’s estimated that many products will reach this level without subsidies. Theoretically, if a supplier previously offered a rate of 16.5 lepta and with the subsidy it fell to 15 lepta, in March it would remain at these levels regardless of the consumer’s payment difference. In practice, much depends on each supply company’s commercial policy. Some aim to attract customers to green tariffs, while others focus more on stable blue tariffs. Additionally, some companies plan for spring to offset winter losses or vice versa, introducing significant discounts to strengthen their customer base. Suppliers are aware that wholesale prices now exhibit strong seasonality, rising significantly in winter and summer while decreasing during spring and autumn. Thus, companies carefully strategize throughout the year. Recently, Protergia announced it would maintain its green tariff at 15.9 lepta, offering an early glimpse into April’s pricing. Announcements from other suppliers are expected soon, with all rates being published on RAE’s website on April 1st.