Electricity price will decline by 5% in 2017

Electricity, Shutterstock nuotr.

According to calculations by Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO), the decline will allow user save about 10 euros next year.

“Electricity prices are next year declining due to the lower price of distribution services, lower electricity purchase costs as a result of international links with Sweden and Poland. Positive effects have also been observed due to the change in the price of services in line with public interests,” Ramūnas Kiaulėnas of ESO has said.

Power prices have been declining for the fourth consecutive year – dropping by a total of 22 percent since 2013. It last went down in July by an average of also 5 percent.

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