Latvijas Gāze Received the 2025 EcoVadis Gold Medal, Demonstrating Excellence in Sustainability and Corporate Social Responsibility
On January 1st 2025, new excise tax rates for natural gas came into effect, impacting consumers who use it for energy production or other commercial purposes.
At the end of the calendar year, Gaso (distribution system operator) recalculates the tariffs according to the actual annual consumption of the user. If the volume of natural gas consumed during the year is higher or lower than the previously determined tariff, the recalculation is made for the entire previous year.
At the 19 December 2023 meeting of the Council of the Public Utilities Commission, new tariffs for natural gas distribution system services for the tariff period from 1 January 2024 to 31 December 2024 were approved. The tariffs will enter into force on 1 January 2024 and will be visible in the bills received in February 2024 for natural gas consumed in January. The fixed payment and the variable part, depending on the consumption of natural gas, of the new distribution operator Gaso, will be shown in the bill details.
The tariff changes are due both to the increase in natural gas prices on global markets and to a significant decrease in the volume of natural gas delivered to users, which has had a significant impact on Gaso's operating results.
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