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Energy Commission Ups Water Tariffs For Kyivvodokanal By 13.6% To UAH 11.2 Per Cubic Meter

The National Commission for State Regulation of Energy and Utilities (the Energy Commission) increased the water tariff for Kyivvodokanal by 13.6% or UAH 1.34 per cubic meter to UAH 11.2 per cubic meter (excluding VAT).

This decision was made at a meeting of the commission on February 5, Ukrainian News Agency reports.

It is noted that for the Kyivvodokanal the water tariff was increased by 13.6% or UAH 1.34 per cubic meter to UAH 11.2 per cubic meter.

Tariff for drainage was also increased by 6.3% or UAH 0.47 per cubic meter to UAH 7.96 per cubic meter.

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As Ukrainian News Agency earlier reported, in November 2019, the Energy Commission increased the water tariff for Kyivvodokanal by 9.4% to UAH 9.86 per cubic meter (excluding VAT).

In 2018, the Kyivvodokanal company (Kyiv) increased net profit by 61.6% or UAH 69.584 million year over year to UAH 181.549 million.

Kyivvodokanal is a monopolist in the field of water supply and drainage in Kyiv.

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