1. Tariffi għall-konsum ta’ l- elettriku proposti mill- Enemalta 24 ta’ Marzu 2009

2. L-Elementi ta’ l-Ispiża fil- Kalkolu tat-Tariffi

3. Frar 2009 L-Enemalta bagħtet sett ta’ prinċipji lill-MRA li fuqhom kellhom jinħadmu t-tariffi l-ġodda Konsultazzjoni sal-4 ta’ Marzu 2009 Kunsens silenzjuż tal-PL u l-GWU

4. Il-Prinċipji Jinġabru l-ispejjeż stmati: –In-nefqa għaż-żejt –Ċaqlieq fir-rati tal-kambju –Ir-return mill-kapital investit –L-ispiża ta’ l-ineffiċjenzi li m’humiex fil- kontroll ta’ l-Enemalta –Telf mill-operat –Jitnaqqsu l-obbligi tal-Gvern li jħallas f’sussidju

5. L-istima tan-nefqa fl-2009 L-istima tan-nefqa fuq il-fuel hija €157.5m Għall-ġenerazzjoni ta’ 2.165 miljun megawatt Fuel Cost MonthGeneratedFuel OilGas OilTotal MwhMT € Estimated Jan/Feb 09 320,308 83,324 10,18126,666,379 Projected Mar/Dec 09 1,844,637 476,038 66,677130,865,812 Total 2,164,945 559,362 76,858 157,532,191

6. L-istima tan-nefqa fl-2009 Is-sisa fuq kull Megawatt tiswa €0.84 Fuel and excise duties Costs underlying tariff introduced in December 2008 Costs underlying March 2009 proposal Generation Total Generation Total € 000 Fuel costs 221,866 157,532 Hedging losses - - - - Excise duty 1,260 1,819 Total other costs223,126 159,351

7. Spejjeż oħra fl-2009 Electricity - Other Costs Generation Transmission & distributionRetailTotal €'000 Other costs as at Audited Accounts 06/07 Wages & Salaries18,48210,59838229,461 Maintenance costs7,6061,70139,310 Depreciation of property, plant and equipment15,6099,771725,387 Other Expenses4,1742,8313,98610,992 Other operating income(109)(4,922)(800)(5,831) Total 45,761 19,980 3,578 69,319 Source: Enemalta Corporation, Annual Report and Financial Statements 30 September 2007 €'000 Other costs as per Estimates 2009 Wages & Salaries18,12511,31540729,847 Maintenance costs7,2001,51738,720 Depreciation of property, plant and equipment15,39412,2609 27,663 Other Expenses3,4903,0674,31910,876 Other operating income(100)(3,465)(563)(4,128) Total 44,109 24,694 4,174 72,978

8. Return mill-Kapital Investit Financial Charges 09 : €14m – loan capital repayments €14m – loan interest payments € 1m – ROCE fuq IUBS TOTAL - €29m

9. Kunsiderazzjonijiet oħra Sovvenzjoni mill-Gvern ta’ madwar €7.8m għall-obbligi pubbliċi bħad- dawl fit-toroq Spiża għat-telf tekniku u mhux tekniku stmat 11%

10. Stima tal-ispejjeż u tad-dħul Costs underlying tariff introduced in December 2008 Costs underlying March 2009 revision Generation Transmission & DistributionRetailTotalGeneration Transmission & DistributionRetailTotal € 000 Cost analysis: Fuel costs and excise duties 223,126-- 159,351-- Other costs 44,43519,0474,13967,62144,10924,6944,17472,978 Fuel, excise and operating costs 267,56119,0474,139290,747203,46024,6944,174232,328 Target return on capital employed 13,0278,5853,65325,26510,61912,9336,10129,653 Cost of subvention, etc, and PSOs (3,788)(3,373)(639)(7,800)(3,788)(3,373)(639)(7,800) Cost of inefficiencies (adjusted from 2004 data) (2,317)(739)(6)(3,062)---- Total target revenue to be recovered through tariff framework 274,48223,5207,147305,149210,29034,2549,636254,181 Electricity generated - Mwh 2,186,813 2,164,945 Electrcity generated and billed - Mwh 1,990,000 1,894,801 Average fuel and excise: € / kWh 0.112 0.083 Average target variable revenue: € /kWh 0.139 0.118 Less 16.7%

11. Varjazzjoni – Diċ 08 – Apr 09 Varjazzjoni fl-ispejjeż li jridu jiġu rkuprati: 17% –Varjazzjoni ftit aktar mill-istima ta’ 15% li bdiet il-proċess ta’ reviżjoni fi Frar 2009 –Imkien qrib it-30% ivvintati mill- PL

12. Varjazzjoni – Diċ 08 – Apr 09 Varjazzjoni fl-ispejjeż li jridu jiġu rkuprati: 17% –Deċiżjoni kummerċjali li nirkupraw 17% anqas. –Deċiżjoni politika kif inqassmu l- benefiċċju ta’ l-iffrankar. –Tnaqqis ta’ bejn 22% u 26% fir- rati fil-kategoriji li l-aktar jeħtiġuhom.

13. Preżentazzjonijiet oħra 1.L-impatt tat-tariffi l-ġodda fuq is-settur m’hux residenzjali 2.L-impatt tat-tariffi l-ġodda fuq is-settur residenzjali

14. Tariffi għall-konsum ta’ l- elettriku proposti mill- Enemalta 24 ta’ Marzu 2009