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Ukrainian companies pay 30% more for power after launch of sector reform
Journal Staff Report

KYIV, July 12 Average price of power for industrial consumers in the conditions of the new wholesale market (in all its segments) in the first ten days of its operation grew by 30% compared with the wholesale market price in June, Head of national energy company Ukrenergo Vsevolod Kovalchuk has said.

"If we look at the real numbers of the first decade, the rise in prices for industrial consumers is much higher than the previously announced government forecasts at the level of 6.8% (we and the regulator predicted it at 40% and 42%). The actual increase in prices for industrial consumers connected to the Ukrenergo network, or connected to the first class of voltage to the distribution system operators, in the first decade of July is 30%. And the trend so far is that this difference will continue to grow, if changes are not made," he said at a press conference in Kyiv on Thursday.




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