18 July 2019

00:00:00 (GMT+5)

Tashkent +26,4 °C

In focus
19 Apr  2019 451

New mechanism in electricity tariffs policy introduced

Decree of the Government approved the main directions of the tariff policy in the electricity industry of the Republic of Uzbekistan in the period up to 2030.

The document approved the main directions of the tariff policy. Among them, ensuring the availability of energy resources to consumers at reasonable and competitive tariffs.

Tariffs will be established with the obligatory provision of social protection for low-income and vulnerable groups of the population.

The transition to the tariff setting method will be carried out in stages until 2023.

Starting from 2023, the validity of electricity tariffs will be set for at least 3 years.

Balancing the interests of consumers and energy supplying enterprises will be achieved by setting mutually acceptable tariffs.

The document defines the principles of tariff formation.

In particular, when forming tariffs, a weighted average approach is introduced; the definition of tariffs is not subject to unreasonable political influence.

Similar news

Click on the button below to listen to the text Powered by GSpeech