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Minister: Current electricity tariffs in Georgia to be kept

Oil&Gas Materials 28 March 2013 17:06 (UTC +04:00)
An agreement will be reached with the Telasi Company for four years and for two years with the Energo-Pro Georgia Company in connection with the preservation of the existing electricity tariff, Georgian Energy Minister Kakha Kaladze said after a government meeting today.
Minister: Current electricity tariffs in Georgia to be kept

Georgia, Tbilisi, March 28 / Trend N. Kirtzkhalia /

An agreement will be reached with the Telasi Company for four years and for two years with the Energo-Pro Georgia Company in connection with the preservation of the existing electricity tariff, Georgian Energy Minister Kakha Kaladze said after a government meeting today.

"We included two issues on the agenda and in particular, formalising a memorandum with the Energo-Pro Georgia and Telasi companies," Kaladze said. "We will conclude an agreement for four years with Telasi and a two-year agreement with Energo-Pro Georgia. The tariff will remain the same. It was reduced in the winter. According to the changes, subscribers using up to 100 kilowatts will pay 0.5 tetri less. So the tariff will be reduced by four tetri for them."

He added that work over the rates will continue in the future. According to the minister, investment obligations will not be abolished.

"All investment obligations remain in force," Kaladze said.

The electricity tariff in Georgia has been reduced by 10 per cent and stands at 13.2 tetri per kilowatt / hour.

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