The increase in electricity tariffs is associated with "bringing the price of electricity to the economically reasonable and the entry of Crimea into the first price zone of the wholesale market at tariffs," said the Deputy Head of the Russian Federal Antimonopoly Service Vitaly Korolev at the seminar on tariff regulation.
“The government decided on Crimea to enter the first price zone of the wholesale market of electric power ... We can say that the adopted decision determines the amount of subsidy of 8.5 billion rubles for compensation in order to make electricity prices economically reasonable,” he said. Thus, the increase in tariffs for the population of Crimea will be 15% every six months and 6% for the industry.”
Currently, Crimea faces the lack of electricity, and the construction of power plants in Simferopol and Sevastopol is to be completed in 2017.
As QHA reported earlier, first time, on July 1, 2016, the electricity costs on the peninsula were raised by 15%.