State-regulated energy prices to increase significantly next year

State-regulated electricity prices will increase significantly next year, the Energy Regulatory Office (ERÚ) announced at a press conference on Thursday. For households, electricity will increase by 65.7 percent year-on-year and gas by 38.8 percent, and the increase will be even bigger for businesses.

However, according to the ERÚ, the actual end price that customers will pay for electricity will not be that different from this year due to a drop in market prices, and they will in fact decrease for gas.