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The government will consider extending the reduced energy tariff for the Far East - EastRussia | Far East

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The government will consider extending the reduced energy tariff for the Far East

Russian President Vladimir Putin instructed the government to submit proposals until June 10 to extend until 2028 for the Far East the action of a mechanism for equalizing tariffs for electricity to the average Russian level.

According to the head of Minskostokrazvitiya Alexander Kozlov, the positive effect of reducing the energy tariff is seen, therefore, the ministry sent a proposal to extend the law on reducing tariffs for up to ten years in the Ministry of Energy, the Ministry of Economic Development and the Federal Antimonopoly Service. According to the minister, this will help create more attractive conditions for the investment in the Far East and the creation of new enterprises.

According to the press service of the ministry, since last year the price for electric energy for consumers in five regions of the Far Eastern Federal District has decreased to four rubles per kWh. Already in 2017, the total savings of regional budgets and commercial enterprises amounted to 24 billion rubles. According to expert estimates, this year the cumulative amount of saved finances will exceed 35 billion rubles.

The saved funds are used to increase the salaries of budget employees, increase the financing of social support for the population, and also to finance the difference between economically justified and established tariffs for utilities. Alexander Kozlov noted that it is important not only to prolong the action of the lowered energy tariff, but also to modernize and expand the main electric grid infrastructure in the regions.