Energy tariffs for Karelia's businesses and other organizations will be reduced by more than 40%. It was announced by Deputy Prime Minister of the Karelian Republic
for Infrastructure Development, Oksana Chebunina, at a government briefing on February 15, 2018.
Since July 2017, Karelia's Government has been taken measures, developed in cooperation with Russia's federal executive bodies, to reduce business electricity tariffs.
Measures taken during the second half of 2017 enabled to cut the business energy tariff to 7.99 rubles per kWh, which is lower than the energy price set for
medium-sized businesses in Russia's Leningrad region. Energy cost reduction became possible after cutting the expenses of distribution networks and last resort energy
providers in Karelia, as well as after transferring the burden of cross-subsidies in electricity tariffs for general population to large organizations.
Karelia's Committee on Prices and Tariffs is planning to reduce the energy tariff for small and medium-sized businesses to 5.57 rubles per kWh since April 1,
2018. It was
reported after a meeting of the Federal Antimonopoly Service of Russia (FAS) on February, 13. The head of the Karelian Republic, Artur Parfenchikov, was among the participants
of the meeting which set indicative energy purchase prices for Karelia's wholesale market.
Such significant reduction is due to the fact that on January 19, 2018, Russia's Prime Minister Dmitry Medvedev signed a decree on including the Republic of Karelia into the
list of pricing zones of the wholesale market, where generated electricity is sold at free-market prices.
Oksana Chebunina also said that the tariff reduction was the result of great joint efforts of Karelia's Government, the Federal Antimonopoly Service of Russia, and Russia's
Ministry of Energy.
So, it is fair to say that since April 2018, Karelian entrepreneurs will be able to enjoy benefits of reduced energy tariffs, which means that one of the urgent tasks assigned
by Artur Parfenchikov to his team has been successfully accomplished. Estimated economic impact of the forthcoming tariff reduction for the Republic of Karelia should amount
to more than 3 billion rubles.
Therefore, in April 2018, Karelia will join a group of Russian regions with the lowest energy tariffs for small businesses.