Ukrainian regulator proposes to double electricity tariffs from June 1

Ukrainian regulator proposes to double electricity tariffs from June 1

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Electricity tariffs in Ukraine may double from June 1. This proposal was made by the National Commission for State Regulation in the Spheres of Energy and Utilities (NKREKU).

The head of the regulator Ruslan Kaidash sent a letter to the Ministry of Energy. Excerpts from the document are provided by the Energoreforma portal (Interfax-Ukraine project).

The regulator suggested “introducing the first stage of adjusting prices for electricity using a single price without differentiation in terms of consumption at the level of 2.88 hryvnia per kWh.” It is argued that this will improve the financial performance of the state-owned companies Energoatom and Ukrhydroenergo. According to the regulator, it is necessary to gradually bring electricity prices for household consumers to the market level.

NKREKU has previously allowed a doubling of tariffs for the population. This was due to the need to restore the energy infrastructure. Now the population pays UAH 1.44 per kWh if less than 250 kWh is consumed per month and UAH 1.68 per kWh if more.

Leonid Uvarchev

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