Wednesday, May 15 2013

Public Services Regulatory Committee (PSRC) of Armenia
has initiated revision of the electric power tariffs, PSRC press-service told
ArmInfo.  The process was launched
following forecasts of a growth of the gas tariffs for heating power plants,
the AMD/USD exchange rate, the balance of electric power generation, and
influence of some other factors in 2013-2014. The tariffs of electric power
generation and services of energy companies of Armenia, as well as the electric
power for final consumers will be revised.

 

To recall, ArmRusgasprom CJSC and its subsidiary
Transgas LLC applied to the PSRC for revision of the current gas tariff for
consumers using up to 10,000 cu m of gas monthly (mainly the population) from
132.00 drams inclusive of VAT per 1,000 cu m to 221,000 drams (a 67% tariff
hike). By official statistics, in 2012 the share of electric power generation
by heating power plants in total electric power generation, transmission and
distribution (182.8 bln drams or $455.1 mln) totaled 45.1%. The share of HPPs
in total power generation was 6.4% and that of the nuclear power plant is 9.8%.
High-voltage power lines produce only 0.1% of total power generation, while
power transmission and distribution totaled 38.6%.

 

At present, Electric Networks of Armenia CJSC, which
is also a Russian asset, sells electric power to the population at the daily
tariff of 30AMD per kWh and night tariff - 20AMD per 1kWh. Tariffs for the
other final consumers are 17- 30 AMD/kWh.