At the initiative of President Volodymyr Zelenskyy, the electricity tariff for households consuming less than 250 kWh per month will be reduced to UAH 1.44 per kWh. Prime Minister Denys Shmyhal announced during a regular meeting of the Government on August 11.

The Head of Government noted that for households with monthly consumption of more than 250 kilowatts, the electricity tariff will remain unchanged. "For those Ukrainian families who consume more than 250 kW per month, the price remains unchanged - that is, 1 hryvnia 68 kopecks," said the Prime Minister. The new rules will take effect on October 1, 2021.

Apart from that, Prime Minister touched upon the issues of gas tariffs. "NJSC Naftogaz has launched the Comfort Season tariff plan. According to this plan, a cubic meter of gas will cost UAH 7.96 including VAT, regardless of the market price on the stock exchanges. The tariff plan is valid from October 1, 2021, to April 30, 2022. This is really a very profitable offer because we see that gas prices on European stock exchanges have almost reached 20 hryvnias per cubic meter of natural gas," said the Prime Minister of Ukraine.

Denys Shmyhal also added that Naftogaz offers a favorable tariff for public utility providers that supply heat and hot water to the population. "You can fix the tariff for a year and pay 7 hryvnias 42 kopecks per cubic meter of gas. I urge local leaders not to waste time and take advantage of beneficial offers that will allow them to resolve the issue of heat tariffs, which they are now setting, in a balanced way," the Prime Minister concluded.