Those hours on the computer should cost a little bit less in 2011
Bern, Switzerland (GenevaLunch) - The Swiss Federal Energy Commission, which is tasked with regulating electricity in the country, says temporary electricity price cuts that it mandated in June 2010 for 2011 were justified. The rates were 18 percent lower than those announced in May 2010 by the industry, a CHF62 million savings to consumers, says the energy office.
Its final report on the electricity industry’s proposed 2011 rates, issued Monday 15 November, shows that these increases were inflated in a number of areas, it argues, and the temporary rates announced in June must be applied.
Val d'Anniviers hydroelectric power plant
Bern, Switzerland (GenevaLunch) – Switzerland’s independent electricity authority, the EICom, said Monday 14 June that an 8 percent price hike announced by Swissgrid in May is unjustified.
The rates hike is for 2011 and would have a direct impact on consumer prices, EICom notes.
EICom has told Swissgrid that the new rates cannot be implemented for now, while it carries out a more extensive review.
Swissgrid is the national electricity carrier whose members are Swiss electricity companies.
Electrical station, Geneva
Bern, Switzerland (GenevaLunch) - The federal government is starting what it refers to as a close scrutiny of the proposed electricity price hikes, 26 percent higher than rates set by the Federal Energy Commision, announced in May by national electricity carrier swissgrid.
Geneva, Switzerland (20 Minutes, Fre) – The 2009 increase in the cost of electricity in Geneva will be 2.2 centimes for a kWh rather than the 3 centimes announced earlier, thanks to a decision by the Swiss Federal Council earlier in December. The rate cut reflects the lower rate that was approved for Swissgrid, the national electricity supply grid.
Updated 3 October, 09:00
Bern, Switzerland (TSR, Fre) – Electricity prices will be going up rapidly in the wake of the Swiss market being opened early in 2009 and, according to TSR, they could double within five years.
