Ruling Republican Party to seek revision of electricity tariffs

Ruling Republican Party to seek revision of electricity tariffs

15:52 05/07/2014 >> ECONOMY

No one supports the idea of increasing the electricity prices, head of
the Republican Party of Armenia (RPA) parliamentary faction Vahram
Baghdasaryan told reporters, commenting on the decision of the Public
Services Regulatory Commission (PSRC) to increase the electricity
tariffs in Armenia from August 1, 2014.

At the same time, the MP stressed that the electricity price hike is
inevitable, adding that the PSRC’s decision is well grounded and the
necessity to increase the tariffs was proved by experts.

However, according to him, if some dispute such a necessity, they are
prepared to hold discussions and present the appropriate arguments.

As for concerns about a further increase in the electricity tariffs
within the next one year, Mr Baghdasaryan noted, “We will seek a
revision and decrease of the tariffs within a year, when there will be
some changes in the system and the loss will be partially
compensated.”

Source: Panorama.am