Swiss energy office says rate cuts justified

15th November 2010, Comments 0 comments

Bern, Switzerland GenevaLunch - The Swiss Federal Energy Commission, which is tasked with regulating electricity in the country, says temporary electricity price cuts that it mandated in June 2010 for 2011 were justified. The rates were 18 percent lower than those announced in May 2010 by the industry, a CHF62 million savings to consumers, says ...

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