The new heating season will be more expensive: heating supply companies have already started raising tariffs
Residents in Latvia are facing a 10–20% increase in heating costs for the upcoming season due to rising fuel prices. The Public Utilities Commission is reviewing tariff hike applications from various heating supply companies.
Why it matters
Rising energy costs directly impact household budgets and the cost of living for citizens during winter months.
The new heating season will be more expensive: heating supply companies have already started raising tariffs
Residents of Latvia should prepare for an increase in heating costs. According to the Latvian Association of Heating Supply Enterprises, in the new season, tariffs in several cities and regions may increase by approximately 10–20%, writes Latvijas Avīze.
As explained by board member Valdis Vitolins, the main reason is the rise in the prices of natural gas, wood chips, pellets, and firewood — the main types of fuel used for heat production.
The Public Utilities Commission (PUC) confirms that most heating supply companies that submitted documents in August and September are proposing to raise tariffs.
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