The Ministry of Energy considers electricity tariffs in Russia among the lowest in the world, which is confirmed by the data of international institutions, such as the International Energy Agency (MEA). This is stated in the Telegram Channel department.
They explained there that tariffs for citizens are fully regulated by the state, and it holds the price at a low level. As for wholesale prices, they are “comparable to tariffs in other countries, but in Russia tariffs for the population below.”
In the Ministry of Energy indicated that “a comparison of prices for electricity and power should be carried out in a comprehensive, integrated value estimation analysis, which takes into account the price of electricity prices, the volatility of exchange rates, purchasing power parity, the influence of electricity prices, the cost of finite products of industrial consumers and investment attractiveness of sectors of the economy. “
May 17 “Community of Energy Community” published a study in which it was argued that last year the price of electricity for the industry in Russia was higher than in the United States and some countries of the European Union. The price of electricity was at 7.34 cents per kilowatt-hour when connecting to regional distribution networks. The country overtook the United States for this indicator, there he amounted to 6.66 cents (in Norway – 3.4 cents, in France – 6.9 cents, in Finland and Spain – 7.2 cents). The average ultimate price of electricity for industry in the United States in 2019 was five percent lower than in Russia.
In recent years, there has been a general tendency to reduce energy sectors abroad. However, in Russia during the coronavirus pandemic, they continued their growth, despite the reduction in electricity consumption. In currency terms, the cost for industrial consumers has grown in 2020 by three percent.