RAE, the Regulatory Authority for Energy, has approved a new gas network usage pricing system, paving the way for gas grid operator DESFA to introduce its new pricing package for the remainder of 2019 as well as 2020 over the next few days.

The operator’s new pricing system will come into effect the month following its official announcement.

Gas grid transmission charges are expected to drop by levels of as much as 14 to 15 percent for the remainder of 2019 and 2020 compared to 2018, sources informed.

Consumers, both large-scale and household, as well as electricity producers can expect to benefit from the network usage pricing revision.

RAE took into account DEFSA’s WACC, revenue and expense figures in its calculations.