TRN Terna Trasmissione Elettricita Rete Nazionale

By Christopher Emsden

ROME--Italy's Energy Authority on Friday set new prices for gas and electricity, effective Jan. 1.

Gas prices will be 92.78 euro cents for a cubic meter, up 1.54 cents or 1.74% from the fourth quarter of 2012, the regulator said.

Electricity prices will be reduced by 1.4%, the regulator said.

The periodic changes to regulated prices will impact the businesses of Enel SpA (ENEL.MI), Eni SpA (E), Terna SpA (TRN.MI) and Snam SpA (SRG.MI).

Write to Christopher Emsden at chris.emsden@dowjones.com