The National Regulatory Commission proposes to allow budget organizations to pre-pay for electricity

The Energy and Utilities the National Regulatory Commission appealed to the Ministry of Finance with a proposal to submit to the government the issue of amending Government Resolution No.117 of February 28, 2019 on the prepayment for goods, works and services purchased for budget funds and allow budget organizations to make an advance payment for electricity for a period of up to 6 months. It was reported by a member of the Regulator, Elena Antonova.

“We applied to the Ministry of Finance. They make changes to the Resolution No.117 in order to allow budgetary institutions to carry out at least a six-month subscription. We fully support these changes, we understand that the subscription gives you the opportunity to get a lower price, in this case, the Commission on the side of budget consumers”, she said.

Now budget organizations can make an advance payment in the amount of up to 100 thousand UAH, which is not enough to contract the value ​​(for several months before) of electricity consumption volumes.

The Regulator proposes not to leave the budget consumer on the universal service provider, but to give it the opportunity to purchase cheaper electricity at the market.

“Taking into account the fact that the share of independent suppliers since the end of 2018 has so far increased from 10% to almost 50% of the total amount of electricity that is traded at the market, we support initiatives of state employees very much who, with constant tenders, push the supplier to the best price. This is a very correct position in terms of doing business”, Antonova added.

Source: expro

Tags: contracts, tariffs, legislation, electricity, The National Energy and Utilities the Natuonal Regulatory Commission

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