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The price of electricity will be made “economically justified”

Photo: facebook.com/npcukrenergo

The authorities intend to establish economically fair electricity prices

At the same time, it is necessary to ensure social protection of persons in need of state support and assistance.

President Volodymyr Zelenskyy put into effect the NSDC decision, which by the end of the year should develop a plan for a gradual transition to an economically justified price for electricity for the population.

At the same time, it is necessary to ensure social protection of persons in need of state support and assistance.

Also, by September 30, they must develop and approve a plan for establishing a fair cost of electricity for household consumers.

In addition, the Cabinet of Ministers must ensure the transition from the commodity to the financial mechanism of the JI to market participants, ensuring the availability of electricity for household consumers from October 1, 2021. In particular, by imposing special duties on Ukrenergo and oblenergo.

The authorities will also analyze the ratio of the cost of electricity to the cost of its distribution and transmission as part of the tariff, but not only for the validity of such a ratio.

Also, the authorities should analyze the ownership structure of all distribution operators and universal service providers and establish the real ultimate beneficial owners.

As you know, from October 1, with a consumption of up to 250 kW per month the electricity tariff will amount to UAH 1.44 / kW. For those who consume more, the tariff remains the same – 1.68 UAH / kW. These tariffs will be valid until May next year.

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