Ionita: Average Monthly Electricity Bill to Increase by 240 Lei

Economic expert Veaceslav Ionita explained the consequences of the increase in electricity tariffs, the impact on inflation, as well as who will suffer the most under these conditions. According to his calculations, a family currently pays an average of 320 lei per month for electricity, and after the increase, the average monthly light bill per family will increase by 240 lei and will amount to 560 lei per month, unimedia.info reported. “As you may have learnt, the electricity tariff has increased by 75%. Although it could have been worse, the consequences are significant for every family in Moldova. What does it bode for Moldovan families? At the previous tariff, the average bill was 320 lei/month per family. According to the new tariff, the average bill will increase by 240 lei/month and will reach 560 lei/month. Impact at national level Moldova’s population pays 4.4-4.5 billion lei annually for electricity, and after the increase, the total amount will rise by 3 billion lei annually, reaching 7.5 billion lei. Impact on inflation The increase in electricity tariffs will add about 2 percentage points to inflation, bringing the annual rate closer to 10%. Who will suffer the most? Pensioners: pensions will be indexed below inflation in 2025. Although the government promises additional financial support, the burden of tariff increases will be felt fully. What can we do? It’s time to save electricity where possible and prepare for a financially difficult year,’” the expert wrote.