WATER PRICE WILL REMAIN THE SAME FOR PRIVATE CITIZENS IN YEREVAN

Tert.am
14:56 21.05.10

Water price for private citizens in Yerevan will remain the same.

Public Services Regulatory Commission of the Republic of Armenia
(PSRC) had by a recent decision approved the proposal by Yerevan Jur
(Water) company from July 8 on to raise the water price up to 195
AMD per cubic meter instead of the previous 181 AMD.

But the good news is that the Yerevan City Hall has decided to
subsidize the water price for 14 AMD which means that the private
citizens will pay the current price – 181 AMD.

Interestingly, Yerevan Jur was proposing to raise the price for 1
cubic meter by 14% which would see the price go up to 207 AMD. But
by studying different factors that may affect the water price, such
as the scale of the water sold, inflation, euro-dollar exchange rate
fluctuations, PSRC considered the proposal ungrounded and came to
the conclusion that the above mentioned factors might not result in
26 AMD rise in water price but rather in 14 AMD.