From March 2022 onward the heating tariff of JSC Rigas siltums may increase by another 6.7%, according to the official entry in the Latvian Herald.
From November 1 clients of JSC Rigas siltums pay 66.76 EUR/MWh for heating energy. From March 2022 the price will be 71.22 EUR/MWh.
According to JSC Rigas siltums, tariff changes are related to the rapid rise of energy resource prices and the end of the support payments from the state to the heating hub Imanta.
The heating tariff in Riga has increased twice already during this heating tariff. Compared to the previous tariff, it increased by 26.6% on September 1 and on by 16.5% on November 1.
This means the tariff increased by 47.5% or by EUR 21.49 this autumn.
JSC Rigas siltums is one of the main heating service providers in Riga. It provides heating energy production, transmission and sale. It also provides maintenance of heating energy users’ internal heating systems. 77% of the company’s supplied heating energy is used to warm homes and boil water. The total length of the heating network is about 825 km, 85% which is owned by the company.
49% of the company’s capital is owned by Riga City Council, 48.99% is owned by the Latvian state and 2% – by LLC Energijas risinajumi. JSC Latvenergo owns 0.005% of shares. (BNN/Business World Magazine)