Business news from Ukraine

From June 1 electricity tariffs for households increased – government decree

1 June , 2023  

The electricity tariff for individual and collective household consumers of 2.64 UAH/kWh including VAT has been set by the Cabinet of Ministers of Ukraine from June 1 to December 31, 2023 inclusive.
This is evidenced by the decree published in the Uryadovyi portal № 544 of May 30, 2023, which amended the decree № 483 of June 5, 2019 on the imposition of special duties on the participants of the electric energy market to ensure the public interest in the process of its functioning.
According to the resolution, the tariff is 2.2 UAH/kWh plus VAT 0.44 UAH/kWh.
As reported, at its meeting on May 30, the government set a flat rate for household consumers at 2.64 UAH/kWh plus VAT. Before that the rate was 1.44 UAH/kWh VAT included for monthly consumption of 250 kWh and 1.68 UAH/kWh VAT included for consumption over this figure. Minister of Energy Herman Galushchenko, commenting the decision, pointed out that the second stage of tariff increase is not foreseen yet. At the same time, he noted that the night tariff, which is 50% of the total, and subsidies to citizens remain.