The indices fixed in the electric power system of Armenia envisage reduction in electricity tariffs for Jan-Oct 2015. The current structure of electricity generation in Armenia suggests it, Haykakan Zhamanak Daily says.
"The thing is that in spring the tariffs were raised because the year 2013 was drought-ridden and the suspension of the Armenian Nuclear Power Plant (NPP) lasted 88 days longer than planned. For this reason, the output of the electricity generated by thermal power plants was bigger and consequently more expensive. However, in Jan-Oct 2015 the output of the electricity generated by the TPPs dropped by 9%, with the power generated by the NPP and hydropower plants growing by 11.4% and 7.6%, respectively. This means that now the energy system of the country has over 0.5 billion kW/h of cheap electricity, which is more than enough for reducing the tariffs," the newspaper says.
To recall, on November 18 Armenian Minister of Energy and Natural Resources Yervand Zakharyan ruled out such a possibility. He said that the Electric Networks of Armenia should first of all conduct effective management to reduce the losses, which were much higher than the indices fixed by the Public Services Regulatory Commission.