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  Saturday, April 4, 2020
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The Unified Energy Systems CEO Anatoli Chubais does not rule out revision of electricity tariffs in case the government decides to increase the gas tariffs in 2006
"We will certainly bring up the question of revising (electricity) tariffs, which will be very bad", Chubais told journalists at the London Economic Forum on Monday. Chubais noted that the UES holding will be able to make up for the increase in gas tariffs only in part, not in full. He called "absurd" the possible rejection of price regulation in the highly monopolized sector. He recalled that two years ago the government had turned to the three-year planning of tariffs. On this basis, the UES and its constituent companies have built up a cost-reduction and efficiency-increase system. Chubais noted that last year the electricity tariffs increased by 11.4 percent, which was lower that the inflation rate (11.7 percent). "This year, I'm convinced, the tariffs will also be lower than the rate of inflation", he said. The state should not abandon the tariff-planning policy, the UES CEO stressed.
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