NEURC is preparing an increase in electricity tariffs: how much will it increase
26 September 2024 21:45
The NEURC plans to submit the relevant draft resolution for consideration on 1 October. If it is approved, the decision on new prices will come into force exactly one month later, on 1 November, reports "Komersant Ukrainian" reports with reference to the relevant document.
The draft resolution states that it is necessary to raise electricity prices to provide additional funds for the recovery of commercial energy companies after the shelling by Russia. Another argument in favour of raising prices is to bring them in line with those abroad, so that Ukrainian companies can buy balancing capacities on the European market at a lower cost.
The new electricity tariffs are expected to come into effect on 30 October.
The regulator proposes to set the following price caps for the day-ahead and intraday markets
- from 00:00 to 07:00 – UAH 5,600/MWh;
- from 07:00 to 17:00 and from 23:00 to 24:00 – 6900 UAH/MWh;
- from 17:00 to 23:00 – 9000 UAH/MWh.
The minimum price cap is set at UAH 10/MWh.
The following tariffs are set in the balancing market:
- maximum price caps from 00:00 to 07:00 – 6600 UAH/MWh;
- from 07:00 to 17:00 and from 23:00 to 24:00 – 8250 UAH/MWh;
- from 17:00 to 23:00 – 10,000 UAH/MWh.
In turn, the minimum price is set at UAH 0.01/MWh.
