The National Commission of Ukraine for Energy and Housing and Utilities Services Regulation (NCER) has approved the retail tariffs for energy supply companies for March 2016.
The tariffs are stipulated in commission resolution No. 233 of February 25, 2016, a copy of which has been sent to Interfax-Ukraine.
Retail tariffs for first class consumers in the next month will total 124.22 kopecks per kWh (excluding VAT), for second class consumers – 158.94 kopecks per kWh (excluding VAT).
As reported, in 2015 retail rates increased by 19.9% for first class consumers, to 123.8 kopecks per kWh, and by 20.9% for second class consumers, to 152.08 kopecks per kWh.
The National Commission for Energy and Housing and Utilities Services Regulation regulates the activity of monopoly entities in energy, heating supply, central water supply and drainage, oil and gas industries, solid waste treatment, and implements state price and tariff policies in these sectors.