09:57 08.07.2019

PM instructs to check data about rise in sums in electricity bills by one third for coalmines for July

2 min read
PM instructs to check data about rise in sums in electricity bills by one third for coalmines for July

Ukrainian Prime Minister Volodymyr Groysman has instructed Ukraine's Energy and Coal Industry Ministry to check information of representative of the president of Ukraine in the Cabinet of Ministers Andriy Gerus about the increase in the sums in electricity bills by one third for coal enterprises for July.

Gerus said that, in particular, the mines of the state-owned enterprise Lvivvuhillia were billed with the price of electricity that is 34% more than in June, the Surhai mine – 28% more, and Khersonvodokanal – also over 30% more.

The representative of the president after the meeting reminded journalists that the government had promised to control the prevention of a significant increase in electricity prices due to the launch of the new market.

"However, we see an increase of about 20-25% all over Ukraine, so I raised the question that the government should make some decision for the promise to be fulfilled. Coal-fired power plants sell electricity more expensively in July than it was sold in June. The Energoatom's tariff increased slightly, but there, I would say, there was a reasonable growth. The rest of the players also increased their tariffs in July compared with June," he said.

Gerus said that the ubiquitous rise in electricity prices for industrial and municipal enterprises by 20% is estimated at about UAH 35 billion, which could lead to an increase in inflation and other negative consequences for macroeconomic indicators.

He considers the reluctance of electricity producers to enter the "day ahead" market and the sale of electricity in the balancing market, where the price is 15% more expensive, to be one of the reasons for the growth.

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