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PannErgy shares official geothermal heat tariffs 2021-2022

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