Prepare wallets: when to expect a spike in utility rates.

Ukraine is preparing for changes in utility rates. Despite the fact that prices remained unchanged during the war, the authorities plan to adjust them.

The National Bank of Ukraine forecasts a gradual increase in tariffs to an economically justified level by 2025-2026.

The need to revise tariffs is due to the accumulation of problems in the energy sector, including losses from attacks on energy infrastructure facilities. The NBU warns that further restraint on tariffs may prove dangerous for the economy.

The increase in tariffs could lead to increased inflationary pressure and difficulties in balancing the state budget. However, Ukraine has committed to the International Monetary Fund (IMF) to raise utility rates, bringing them closer to the realities of the economy.

According to the State Statistics Service, over the past year, the total increase in utility rates was 18.5%. The most significant rise was in electricity - almost 64%. Other housing and communal services also saw increases: management of apartment buildings - by 9%, garbage collection - by 5.4%, maintenance and repair of housing - almost 4%.