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    Categories: 2018

Water price may be raised in Armenia

ARKA, Armenia
Nov 20 2018

YEREVAN, November 20. /ARKA/. The Public Services Regulatory Committee of Armenia is conducting public discussions to raise water prices for consumers. 

Veolia Jur, the sole water distributor and sewerage operator in Armenia, which is a subsidiary of France’s Veolia Generale des Eaux, has applied to the Public Services Regulatory Committee of Armenia to increase water prices.  

In its application, the company proposes to raise the price for drinking water from the present AMD 191,414 per one cubic meter to AMD 205,125 (VAT included). 

The price-making process is impacted by changes in retail sales volumes, inflation, the electricity price and other indicators. 

In accordance with the concession management program, the company had to operate with AMD 186 per one cubic meter in 2018, in 2019 the price is stipulated at AMD 194.4 and in 2020 at 202.8. 
After the peaks to AMD 2012.4 in 2023, it will start going down until it reaches AMD 129.6 per one cubic meter in 2031. 

The Armenian regulator has considered the company’s request, conducted its own monitoring, taking into account all factors, and now proposes to set the price for drinking water at AMD 202,272, which is lower than the price proposed by the company by AMD 2,853. 

The price for the company’s retail services, sewerage and waste water depuration is AMD 191,414 (VAT included) from January 1, 2018. –0—-

Ani Tigranian: