Are you sure?

MEH proposes 3.9% rise in average price of gas

The Hungarian Energy Office (MEH) has proposed that the average price of gas in Hungary be increased by 3.9% beginning on January 1.

The price proposal affects consumers who opted to be serviced as before under the so-called universal, regulated-price services rather than buying from traders on the free market.

MEH has proposed that the average price of gas for consumers using less than 20 cubic meters of gas per hour, mostly households, be increased by 5.6% to HUF 101.24 per cubic meter on January 1, while the price of gas for consumers using between 20 and 100 cubic meters of gas per hour be decreased 3.6%, that of consumers using between 100 and 500 cubic meters per hour be decreased 2.5% and that for consumers using more than 500 cubic meters of gas per hour be decreased by 1.3% on that date.

The structure of the proposal is in line with the planned gradual abolishing of cross financing among the various market segments.

The energy ministry decree regulating the price of gas over the next four years for universal providers based on the MEH proposal is expected to be published within days. (MTI-ECONEWS)