Regarding the price-setting for electricity distribution price caps for 2021

AB Ignitis grupė informs that on 16th of October, 2020 the National Energy Regulatory Council set electricity distribution price caps for the year of 2021 for its subsidiary AB Energijos skirstymo operatorius (hereinafter- ESO):Currently the electricity distribution price cap for medium-voltage networks is 1,076 EUR ct/kWh, for low-voltage networks – 2,092 EUR ct/kWh.Changes in electricity distribution price caps will affect revenue of ESO in 2021.Based on the new electricity distribution price caps, the Board of ESO will decide on the prices of the above-mentioned services for the year of 2021.More information:Artūras KetleriusHead of Public Relations at Ignitis Grouparturas.ketlerius@ignitis.lt+370 620 76076