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PannErgy shares official geothermal heat tariffs 2021-2022

PannErgy shares official geothermal heat tariffs 2021-2022 Miskolc geothermal heat plant, Hungary (source: MIskolci Geotermia)
Alexander Richter 3 Oct 2021

The heat tariffs for the 2021-2022 heating season starting Oct. 1, 2021 have been released in Hungary.

Hungarian geothermal company PannErgy Plc has announced the Official Heat Tariffs For The District Heat Supply Period Of 2021-2022, published in the recent issue 179 of 2021 of the Hungarian Official Gazette (Magyar Közlöny) the Minister for Innovation and Technology published Decree 48/2021 (Sept 30.) of the Ministry for Innovation and Technology announce the official rates for district heat production in effect from 1 October 2021.

This will affect PannErgy’s subsidiaries that are subject to the central regulation of district heating rates, as follows.

PannErgy heating tariffs from Oct. 1, 2021 (source: PannErgy)

In line with the new official rates for district heat production, the Company maintains its EBITDA plans for the upcoming periods – as presented in its most recent annual and semiannual reports – in an unchanged form.

Source:  Company release