Electricity prices for the population should not increase, - Poroshenko

Source : 112 Ukraine

The President doubts that the RAB-tariffs system will be introduced in April
21:25, 7 March 2018

Open source

President of Ukraine, Petro Poroshenko believes that electricity prices for the population should not increase. He said in the interview for Ukrainian TV channels, broadcasted by 112 Ukraine.

“The core position, I insist on, is the following – yes, there is a need to impose European norms and yes, we have to fulfill the obligations we took under the Agreement with the Association. But the Ukrainian nation, Ukrainian people do not have to pay for these whims. Consumer prices should be increased by these reforms. I doubt that this system (RAB-tariff, - ed.), I am not sure, will be imposed in April. I think this requires additional steps by the Government and, probably, Parliament,” he said.

According to the President, an energy market has not been introduced in Ukraine yet.

Related: Inflation in Ukraine slowdowns to 0,9%

“We do not have this market for now. We have a system of allocation of funds, launched at the beginning of this century, under which everyone takes resources both from industry and population and then distribute them in quite opaque ways,” he said.

He stressed, that there is a need to adopt a law, which would impose a clear and effective competition on the energy market in the near future.

“Whose price is lower, they win and sell. Whoever price is high, those have to leave the market. All the EU countries follow this principle. So I consider it’s weird to be against such principle because it eliminates monopoly on the market,” the President stressed.

Earlier we reported that Andriy Parubiy, the Chairman of the Verkhovna Rada, is for revision of the system of RAB-tariffs formation for regional power companies. Recently, Ukraine’s PM Groysman said, that the Cabinet of Ministers does not support the RAB-control of power supply companies, which was proposed by the National Commission – the agency that deals with energy and utility industries.  

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