New Era is a leading renewable heat energy and biomass producer in Ukraine that manufactures heat facilities and sells heat energy to the final customers.
For municipal customers the heat price is regulated by the National Commission for State Regulation in Energy and Utilities, as well as local authorities.
For commercial customers the heat price is set according to bilateral agreement.
New Era invests money, constructs heat stations, receives relevant licences and permission documents, produces and delivers wood pellets and sells eco-friendly heat to the final customer. The final customer pays only for the heat received.