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21
December
2022

Ukrenergo power transmission tariff will rise by 10% from Jan, by 13.1% from April, by 12.7% from July

KYIV. Dec 21 (Interfax-Ukraine) – The National Energy and Utilities Regulatory Commission (NEURC) at a meeting on Wednesday approved a three-stage increase in the tariff of Ukrenergo for the transmission of electricity throughout 2023.

In particular, from January 1, 2023, the tariff will increase by 10% – from the current UAH 345.64/MWh to UAH 380.28/MWh (hereinafter 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 the Ukrenergo tariff for dispatching. 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.

According to the rationale for the draft resolution, the decision to apply a phased increase in the tariff was made by the commission at a meeting on December 20. The penultimate version of the draft resolution provided for the traditional one-time increase in the transmission tariff from January 1 by 28.9% compared to the current one – up to UAH 445.4/MWh, for dispatching – by 36.7%, to UAH 84.91/MWh.

"Such a one-time increase in wartime conditions can be excessively burdensome for consumers of electricity. Considering the possible negative consequences of a sharp increase in tariffs for consumers, it is advisable to use a phased increase in the tariff for transmission services," the report says.