Beginning from February NERC will increase tariffs by 30% for households, which consume over 150 KWh of electricity per month.

National Electricity Regulatory Commission (NERC) of Ukraine will increase tariffs for households consuming over 150 kilowatt-hours of electricity per month by 30% from 1 February 2011.

Appropriate decision was adopted at a meeting on Thursday.

For the people living in houses equipped with electric stoves, or using electricity for heating homes, raising tariffs on 30% will be applied in case of raising of electricity consumption over 250 kWh per month.

The new tariffs will be applied only to the amount of electricity that will exceed the established limits (respectively 150 kWh and 250 kWh).

The new tariffs would not apply to family of dependent children and family type homes.

NERC has revised the tariffs for the households with a view gradually to bring it to conformity with economically sound level, as well as to reduce the level of cross-subsidies from industrial consumers.

According to the agency, in result of increasing of tariffs for the population, the economic effect will be about 2 billion UAH, which allow reduce the level of cross subsidization.