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Electricity prices seen rising 10% at most in 2009

Electricity prices for households, public institutions and small consumers are expected to rise at most 10% in 2009, the Hungarian energy office’s (MEH) chairman Ferenc J Horváth said.

A decision on raising gas prices from January 1 has not been taken, Horváth said.

Electricity prices on the deregulated market are expected to rise 20%-25%, including the effect of transmission system fees, in 2009.

Hungary's gas market will be fully deregulated from July 1, 2009. (MTI – Econews)