The management report of the company’s financial report mentions that the main impact on the results of the “Distribution Network” in the nine months of 2023 was a decrease in the price of purchased electricity by 44.5% compared to the corresponding period of 2022, and an increase in distribution service tariffs from January 1, 2023 .in July.
At the same time, a decrease of 5% or 241 gigawatt hours (GWh) in the amount of distributed electricity was recorded in nine months. Tariff changes have contributed to the stabilization of the company’s financial indicators, providing the revenues necessary for the implementation of economic activity.
The pace of development of microgeneration, compared to the year 2022, when there was a distinct, unprecedented rapid increase in solar panels, has stabilized, but is still relatively high.
The total production capacity of microgenerators connected to the distribution system has reached 140 megawatts (MW) and the number of microgenerators connected to the distribution network has exceeded 16,000. The total production capacity of generators connected to the distribution system has increased by 100 MW since the beginning of the year and has reached 372 MW.
At the same time, on July 1 this year, the new electricity distribution system service tariffs entered into force. Since May 2023, when “Sadales tīkls” started actively informing the public about the increase in the electricity supply tariff, until the end of October, 27,700 households and 3,600 legal entities have used the opportunity to reduce the electricity connection capacity, thus reducing their monthly payment for electricity supply.
The management report says that in the long term, the whole society will benefit, as the electricity network will gradually become more efficient and its maintenance costs will decrease, as well as the costs of creating new connections.
Compared to a year ago, electricity consumption fell in the nine months of this year in all customer segments – in trade by 7.4%, in industry – by 5.4%, in the segment of other users – by 5.3%, in the non-industrial segment by 4.9%, consumption by residents – by 4.7% and consumption in agriculture fell by 3.1%.
At the same time, during the reporting period, the council of “Sadales tīkls” re-elected Sandi Jansons as the chairman of the company’s board. The new term of office is five years, it entered into force on October 1, 2023
It has already been announced that in the nine months of 2022, the turnover of the “Distribution Network” was 224.202 million euros, which is 0.5% less than in the corresponding period of 2021, and the company also worked with a loss of 13.863 million euros in contrast to the profit a year earlier.
“Sadales tīkls” is an electricity network maintainer and developer in Latvia, part of the state-owned “Latvenergo” concern. The company provides operation, renovation and planned development of distribution networks, monitoring of electricity use, loss reduction measures and electricity accounting, as well as creates new connections.
2023-12-19 16:18:00
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