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Ruling Republican Party to seek revision of electricity tariffs

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  • 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

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