NCER to increase Ukrenergo's tariff by 1.5% from Oct

13:33, 20.09.2018 1 min read

The National Commission for the State Regulation of Energy, Housing and Utilities Services (NCER) from October 1, 2018 will increase average tariff of national energy company Ukrenergo by 1.5% compared with the current tariff, from 4.894 kopecks per kWh to 4.969 kopecks per kWh (VAT not included).

The commission made the decision on Tuesday. The tariff growth is linked to the increase in salaries of the company's employees.

The company's tariff for the fourth quarter would grow by 5.2%, to 5.406 kopecks per kWh.

Ukrenergo operates trunk and interstate transmission lines, as well as centralized dispatching of the country's integrated power grids. Ukrenergo is a state-owned enterprise under Ukraine's Ministry of Energy and Coal Industry, but it will be transformed into a private joint-stock company.