The Cabinet of Ministers will make changes to PSO to reduce the price of electricity for industry

The Cabinet of Ministers of Ukraine at a meeting on Wednesday will amend the mechanism of PSO in the electricity market, which will reduce the cost of resources for large industrial consumers, said Minister of Energy and Coal Mining Ihor Nasalik during a government meeting on Wednesday.

“Today at the meeting of the Cabinet of Ministers, we are making individual changes to the PSO, which will provide an opportunity for large consumers of electricity to significantly reduce the price that they pay today”, the Minister said.

Recall that Ukrenergo reported that after the launch of a new model of the electricity market, tariffs for industry in Ukraine increased by 20 - 25% depending on the consumer.

Source: interfax

Tags: The Cabinet of Ministers, contracts, tariffs, legislation, electricity, NEURC, Ukrenergo

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