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KHPP to Reduce Heat Production Price Again
2009-05-29
From June Kaunas Heat and Power Plant (KHPP) will reduce again the price of heat produced by it. This time the price is to be reduced by 2.28 cents per kilowatt-hour (up to 10.48 cents).
“We have reduced the heat price as we managed to optimize the operating expenses of the plant and, in addition, the natural gas, imported from Russia, is still likely to be in decline”, stated Antanas Pranculis, the Director General of KHPP.
This has been already the second time during this year when KHPP cheapens the energy it produces. Earlier the heat price was in decline in April. From the beginning of the year KHPP lowered the heat price even by 29 percent.
The new price has been already approved by the National Control Commission for Prices and Energy.
According to Mr Pranculis, the Head of KHPP, once the power plant reduces the price of heat production, the real benefit will be felt by consumers also, because heat tariffs should be cut also by the company KAUNO ENERGIJA, controlled by the municipality of the city, which distributes heat to Kaunas consumers.
Currently, KHPP is in the process of implementing a project for the construction of a new Kaunas Thermal Power Plant. Over 1 billion litas is planned to be injected into the construction of the new power station. The new power plant shall become a reliable electric power distributor in Lithuania after the shutdown of Ignalina Nuclear Power Plant, whereas the heat prices to Kaunas residents shall reach one of the lowest levels in Lithuania.