EDP - Energias de Portugal, S.A. informs: ERSE announces electricity tariffs for 2023
December 16, 2022 at 03:22 am IST
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ERSE ANNOUNCES ELECTRICITY TARIFFS FOR 2023
Lisbon, December 15th, 2022: The Portuguese Electricity Regulator ("ERSE") released today the final document regarding electricity tariffs and prices in Portugal for 2023. The final document introduces the following changes, when compared to the proposal presented by ERSE last October 17th, and disclosed to the market by EDP Energias de Portugal, S.A ("EDP"):
Reduction in the average purchase cost in wholesale electricity market for the supply of regulated clients to €223.4/MWh for 2023, versus the €262.1/MWh considered in the proposal from October.
An increase of 3.3% in end users' regulated electricity tariffs for 2023 in the normal low voltage (NLV) segment, compared to the year 2022 average, versus the 2.8% increase announced in October. This includes residentials and SMEs electricity consumers.
This information is disclosed pursuant to the terms and for the purposes of the article 17 of Regulation (EU) No. 596/2014 of the European Parliament and of the Council.
EDP - Energias de Portugal, S.A.
Investor Relations
Department
phone +351 21 001 2834 ir@edp.com
EDP - Energias de Portugal, S.A.
Issuer of shares admitted to trading on a regulated market Head Office: Av. 24 de Julho, 12 1249-300 Lisboa Portugal
Share Capital € 3 965 681 012 Registered at the Commercial Registry Office of Lisbon under no. 500697256 Company Tax Number 500697256
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EDP - Energias de Portugal SA published this content on 15 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 December 2022 21:52:08 UTC.
EDP - Energias de Portugal, S.A. is one of the leading producers and distributors in Portugal. The activity is organized around 4 sectors:
- production, sales and distribution of electricity: hydroelectric, thermoelectric, wind, co-generated, and biomass-based;
- supply of energy services: primarily engineering and consulting services for the construction and installation of thermoelectric and hydroelectric units;
- sales and distribution of gas (No. 2 in Portugal);
- other: steam production, supply of computer services, etc.
Net sales are distributed geographically as follows: Portugal