Economy

NCER cuts feed-in tariffs for electricity by 50-55%

Ukraine's National Commission for Energy and Housing and Utilities Services Regulation (NCER) cuts feed-in tariffs for electricity generated from renewable sources by 50-55%.

The press service of the regulator said that the decision was made at a meeting on February 27.

The tariffs for solar power plants were cut by 55% and for the rest types of green generation units they were decreased by 50%.

The commission took into account the emergency situation in the energy sector introduced by the government when the commission made the decision.

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