Gasunie Transport Services (GTS) may increase its rates by an average of 8.6% next year, the Netherlands Authority for Consumers & Markets (ACM) has determined.
What exactly the increase means for consumers is not yet known. Gas suppliers are likely to pass on the tariff increase to private individuals and companies. The increase is considerably larger than the 2% increase that the regulator found okay earlier this year. But the plus is less than the 10% that GTS had proposed.
The most important reason for the increase is that, according to the court, GTS was allowed to achieve more income in the years 2017 to 2019 than the ACM had determined. The difference is now settled in the rates for 2020.
GTS is under strict supervision of the ACM because the network operator has a monopoly position. The market watchdog is particularly committed to ensuring that the transport rates are not higher than necessary.
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