Hidroelectrica raises electricity prices from October. Who will pay more

Hidroelectrica, a company with over 1.2 million customers, has announced an increase in the price of electricity sold to households, as reflected in offers submitted over the past few days. The price rise takes effect from October and applies to new customers as well as those whose current contracts are expiring.

The price of electricity is rising by more than 14%, from 0.45 RON/kWh to 0.515 RON/kWh. However, network tariffs and associated taxes are added on top of this amount, meaning the overall increase felt on the final bill will be approximately 7%.

In practice, the final price could rise from 1.19 RON/kWh to 1.27 RON/kWh, representing an increase of roughly 8 RON for every 100 kWh consumed.

Specifically, a household with a monthly consumption of 100 kWh could pay 8 RON more on their bill, whilst a household consuming 300 kWh could see an increase of around 24 RON.

According to the cited source, the price rise is linked to the falling water levels of the Danube, a situation that is forcing the company to purchase electricity from other markets at significantly higher prices.