Cabinet approves electricity law amendment

  • 2013-03-06
  • From wire reports
RIGA - The Cabinet of Ministers committee on Feb. 18 approved amendments to Latvia’s Electricity Market Law, which stipulate that the market will be deregulated for households on Sept. 1 this year, reports This means that households, like legal entities now, will have to choose their electricity distributor.Before the amendments are reviewed by the government, the Economy Ministry must draw up a report on the effect that opening of the market could have on electricity rates. Several ministers said at the Cabinet committee meeting that they feared that the effect wou...
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