• Minister of Energy and Natural Resources: You will have to pay somehow (video)

    “You will have to pay somehow,” Minister of Energy and Natural Resources Yervand Zakharyan said on Thursday in reply to a group of citizens who were protesting against the planned 10 percent rate hike in electricity bills that will enter into effect on August 1.

    Details are available in the video made by 168.am and azatutyun.am

    In July Armenia’s Public Service Regulatory Commission unanimously approved the electricity bill which will allow the Electrical Networks of Armenia, the distributing company, to charge 41.85 drams per 1 kWh of electricity during daylight hours (from 7 a.m. to 11 p.m.), up from the current 38 drams, and 31.5 drams for night hours (from 11 p.m. to 7 a.m.), up from the current 28 drams. The Commission claimed that without the rate hike Armenia’s power generating and supplying companies would lose 1.5 billion drams.

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