Energijos Skirstymo Operatorius AB (hereinafter – the Company), identification code 304151376, registered office located at Aguonų g. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by the Company is 894 630 333; ISIN code LT0000130023.
On 30 November 2018, the National Commission for Energy Control and Prices updated natural gas distribution prices set by the Board of Energijos Skirstymo Operatorius AB on 29 November 2018, which are to take effect on 1 January 2019.
Having assessed the formed situation regarding the possible increase in the final price of natural gas for household customers, a decision was made to update natural gas distribution prices by reducing the level of income of the Company from the natural gas distribution service by making an adjustment of EUR 3.2 million. This adjustment accordingly will reduce the amount in excess of the allowed return on investment accrued by the Company but not yet implemented for the 2014 – 2016 period, which formed as a result of more efficient activities of the Company and respectively lower operating expenses compared to those planned in the regulated service prices.
It should be noted that in the long run, this decision will have no impact on the Company’s income and profit; when making the decision, the cost of money in time was also taken into account.
Compared to the prices valid as from 1 January 2018, the updated natural gas distribution prices will be lower by 1.0% to 17.1%. The average natural gas distribution price will decrease by 11.2 % to EUR 4.90 /MWh.
The natural gas distribution price is one of the components of the final price of gas.
The new natural gas distribution prices will be published on the Company’s website www.eso.lt.
Contact person: Representative for Public Relations Tomas Kavaliauskas tomas.kavaliauskas@eso.lt, tel. +370 61751616