November 8, 2007 the Board of Rytų skirstomieji tinklai AB ratified the project of application of prices and tariffs of electricity

November 8, 2007 the Board of Rytų skirstomieji tinklai AB ratified the project
of application of prices and tariffs of electricity for year 2008 and presented
it to The National Control Commission for Prices and Energy (NCC) for reviewing
and announcing it. 
The project foresees that as the cost of electricity production and the
electricity supply prices are rising from the beginning of the next year, the
end-user tariffs for all the electricity customers will change from January 1,
2008 as well. Residential customers will pay 3 LTC/kWh more (plus VAT) for the
electricity, while companies and organizations, which are connected to the
medium and low voltage networks, will pay  approximately 2,54 LTC/kWh more
(without VAT). The National Control Commission for Prices and Energy will
announce the end-user tariffs and its application. 

Artur Grigorian
Specialist of the Assets Management Division
(+370-5) 251 2638