The National Commission for Energy, Housing and Utilities Services Regulation (NCER) has increased retail tariffs for electricity supply companies for October by almost 10 percent for electricity supply companies.
According to commission resolution No. 1649 dated September 27, 2016, retail tariffs for first class consumers will grow by 9.9 percent from October 1, from 143.13 kopecks to 157.28 kopecks per kilowatt-hour (kWh, VAT not included) and by 9.6 percent for second class consumers, from 179.78 kopecks to 196.99 kopecks per kWh (VAT not included).
Earlier Ukrainian Prime Minister Volodymyr Groysman said that he believes that today’s prices of electricity for industry is uncompetitive. He said that solutions to optimize electricity prices should be found.
The regulator said in its report that today’s electricity tariffs for industry are 54 percent lower than average European tariffs for industry.
As reported, in 2015 (December 2015 to December 2014) retail tariffs for first-class electricity consumers increased by 19.9 percent, to 123.8 kopecks per kWh, those for second-class electricity consumers by 20.9 percent, to 152.08 kopecks per kWh. In 2014, the tariffs for first-class electricity consumers were increased by 27.2percent, to 103.21 kopecks and for second-class electricity consumers by 21.9 percent, to 125.82 kopecks.
In 2013, retail tariffs increased by 9.1 percent.
The National Commission for Energy, Housing and Utilities Services Regulation regulates the activity of monopoly entities in the fields of energy, heating supply, central water supply and drainage, oil and gas industries, solid waste treatment, and implements state price and tariff setting policies in these sectors.
