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Electricity prices for companies in Buryatia could drop by a quarter - EastRussia | Far East

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Electricity prices for companies in Buryatia may drop by a quarter

The Government of the Russian Federation last week issued a decree on attributing the Republic of Buryatia to the territories of price zones of the wholesale electricity market, for which special conditions are established. This was announced by Deputy Prime Minister Arkady Dvorkovich at a meeting on the development of Buryatia.

"This means that average electricity prices for consumers in Buryatia can be reduced by almost a quarter. There will be nuances from the FAS, but in general, tariffs for Buryat enterprises will significantly decrease. We expect reciprocal steps from the authorities of the republic, creating more favorable conditions for the development of business in the region, "said the Deputy Prime Minister. Deputy Head of the Federal Antimonopoly Service of the Russian Federation Vitaly Korolev informed that the first stage of the process of price reduction is planned for September of this year, and the second - for 2018 year.

And about. Head of the republic Alexei Tsydenov thanked the government of the Russian Federation and noted that the development of industry, small business, tourism in the region is directly tied to the price of electricity. "There are examples when businesses in Buryatia close and move to neighboring regions, in particular, to the Irkutsk region. Therefore, we made a proposal to the government of the Russian Federation to consider reducing the cost, "Mr. Tsydenov said. He also said that the cost of electricity is affected by the fact that the network belongs to regional owners, while their length is high, and consumption volumes remain small. According to him, the republic is ready to consolidate and further sell the network.