Ukrainians were told the real cost of a kilowatt of electricity: it differs threefold.

Real cost of electricity for Ukrainians
Real cost of electricity for Ukrainians

Svyatoslav Pavlyuk, Executive Director of the Association 'Energy Efficient Cities of Ukraine,' stated that the population in Ukraine pays much less for electricity than its real cost. The market price is 6-7 hryvnias per kilowatt-hour, but household consumers pay less than 2 hryvnias.

'Until electricity becomes a commercially attractive market, there will be no one willing to invest money in it,' Pavlyuk noted.

Svyatoslav Pavlyuk explained that the low price of electricity for the population is related to the geographical features of the country. Ukraine does not have the ability to produce cheap hydroelectric power in large volumes, unlike countries with rich water resources or mountainous terrain.

The energy sector in Ukraine is generally deficient because the country depends on imports of nuclear fuel, gas, gasoline, and oil. The cost of electricity in Ukraine will depend on world prices and the willingness of investors to invest in this sector.

'If electricity costs 2 hryvnias, no one will invest that money,' Pavlyuk concluded.

We also remember that earlier Ukrainians were informed how many hours there would be no light in winter.


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