NEURC will raise electricity prices from January 1

The National Commission has decided to introduce a gradual increase in electricity tariffs from next year.

The National Commission for State Regulation in the Spheres of Energy and Utilities (NEURC) approved a three-stage tariff increase of NPC Ukrenergo for electricity supply throughout 2023 at a meeting on Wednesday, December 21. Interfax-Ukraine reported this.

The cost of electricity will increase as follows:

• From January 1, 2023, the tariff will increase by 10%. So, it will increase from UAH 345.64/MWh to UAH 380.28/MWh (after that – excluding VAT);

• from April 1 – by another 13.1%, up to UAH 430.25/MWh;

• from July 1 – by another 12.7%, up to UAH 485.1/MWh.

For the first time, the established transmission tariff for enterprises of “green” electrometallurgy is set for the whole of 2023 in the amount of UAH 209.42/MWh.

The regulator also applied a three-stage increase in Ukrenergo’s transmission tariff:

• from January 1, it will increase by 9.9% – from the current UAH 62.13/MWh to UAH 68.28/MWh,

• from April 1 – by another 18.4%, to UAH 80.87/MWh,

• from July 1 – by another 18.1%, to UAH 95.54/MWh.

The head of Ukrenergo, Volodymyr Kudrytsky, in his speech at the meeting, noted that he was surprised by the application of a new approach to the phased revision of the tariff.

“It is difficult to analyze its impact on our ability to carry out operational and technological management activities of the network operation system. It can be said for sure that the proposed method for increasing the tariff for transmission and transmission does not correspond to the temporary structure of funds in spending, which is expected next year,” he said.

Recall that the Chamber of Commerce appealed to NEURC over the tariff for energy transmission.

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