The network charge of Imatra Elekter AS will increase from 1 February 2025 by an average of 5.7%. The price increase is driven by increased investment and maintenance needs to ensure a stable electricity connection and security of supply for customers, as well as by the overall rise in the costs of labour and materials due to rapid inflation.<\/p>\n
All network charges, including transmission charges, main fuse fixed charges and reactive energy charges, will change.<\/p>\n
The main reason for the increase in the network charge is the rising costs of maintaining and repairing the electricity network, along with other operating expenses over recent years. In 2023, Estonia\u2019s inflation rate was 9.2% and it is forecasted to be around 4% in 2024.<\/p>\n
\u2018Our wish is to provide the customers of Imatra Elekter AS with a high-quality network service. Achieving this requires continuous network upgrades and maintenance, both of which have become significantly more costly over time,\u2019 commented Rudolf Penu, Chairman of the Management Board of Imatra.<\/p>\n
The change in the network charge from 1 February 2025 will be uniform across all network packages.<\/p>\n
The prices of additional network-related services will also change from 1 February 2025. The prices of additional services have remained unchanged since the beginning of 2018. Over the past seven years, the unit prices for work performed by our service partners have increased significantly, necessitating an update to the prices of additional services.<\/p>\n
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