The electricity tariff for the population will not change from November 1, 2024.
Read more about the cost of electricity from November 1 for households and businesses in the article.
Cost of electricity from November 1:
- for the population;
- for business.
Electricity tariff for the population
The electricity tariff for the population should remain unchanged until at least April 30, 2025.
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According to the Cabinet of Ministers Resolution No. 632 dated On May 31, 2024, household consumers will pay for electricity 4.32 UAH per kW h.
For Ukrainians who have dual-zone meters, from 23:00 to 07:00, a night tariff will apply – 2.16 UAH per kW h.
During the heating period – from October 1, 2024 to April 30, 2025 – benefits are provided for consumers using electric heating units.
Provided that consumption during this period is up to 2 thousand per kWh of electricity per month, such consumers will pay at a rate of 2.64 UAH per kWh.
Electricity tariff from November 1 for business
The National Commission for State Regulation of Energy (NKREKP) announced a possible increase in the electricity tariff for business back in late September.
Then the NKREKP published a draft resolution, according to which, if the document was approved, the cost of electricity for business was to increase from 1 November.
In particular, the National Commission proposed to equate the maximum prices on the day-ahead market and on the intraday market, set for the period from 11:00 to 17:00 (5.6 thousand UAH per MWh) to the morning peak – 6.9 thousand UAH per MWh.
According to the proposal to increase, the maximum prices on the day-ahead market and on the intraday market were to be:
- from 00:00 to 07:00 – 5.6 thousand UAH per MWh (currently – 5.6 thousand UAH per MWh);
- from 07:00 to 17:00 – 6.9 thousand UAH per MWh (currently from 07:00 to 11:00 – 6.9 thousand UAH per MWh; from 11:00 to 17:00 – 5.6 thousand UAH per MWh);
- from 17:00 to 23:00 – 9 thousand UAH per MWh (now 9 thousand UAH per MWh);
- from 23:00 to 2 4:00 – 6.9 thousand UAH per MWh (now 6.9 thousand UAH per MWh). MWh.
In the balancing market, the maximum marginal prices should not change:
- from 00:00 to 07:00 – 6.6 thousand UAH per MWh;
- from 07:00 to 17:00 – 8,250 UAH per MW h;
- from 17:00 to 23:00 – 10 thousand UAH per MWh;
- from 23:00 to 24:00 – 8,250 UAH per MWh.
Also the minimum limit the tariff will remain at 0.01 UAH per MW h.
On October 1, the regulator approved at its meeting the draft resolution of the National Energy and Utilities Regulatory Commission On maximum prices in the market for day ahead, intraday market and balancing market, having started the regulatory procedure of revising the maximum prices in these segments of the electric power market.
October 9, open discussions were held , so that all interested participants in the electricity market could provide their proposals and comments.
The results have not yet been reported to the NKREKP.
< h2>Why is it necessary to revise the maximum prices in the electricity market
In the National Commission, implementing state regulation in the energy sector, note that the revision of maximum prices on the electricity market is necessary to ensure conditions for commercial import of electricity from European countries.
Such measures are intended to cover possible power shortage in the autumn-winter period in the event of Russian terrorist attacks on the power grid.
Revision of maximum prices on the electricity market, the NKREKU notes, will help balance the power grid and ensure stable electricity supply to all categories of consumers.
Taking this opportunity, the National Commission notes that this will in no way affect the fixed price level for electricity for population.
