Electricity prices will increase to some extent

The Public Services Regulatory Commission (PSRC) will present its position on the electricity price increase in a week, on June 9 or 10, PSRC chairman Robert Nazaryan told reporters at the National Assembly.

Asked whether the price increase is justified, Nazaryan replied that he cannot say anything about it at this moment as the issue is still under consideration.

“Several components of the cost indicate that the electricity tariffs will rise to some extent. But I cannot say now how much they will increase,” the official noted.