Regulatory Commission Rejects Proposal to Lower Electricity Prices: Narek Karapetyan

The Regulatory Commission has rejected the proposal to lower electricity prices. This announcement was made by Narek Karapetyan.

“Five months ago, on June 6 (prior to the incidents of June 17), we, on behalf of the Electricity Distribution Company (HETS), approached the Chairman of the Regulatory Commission with a proposal to lower the electricity price by 3.6 billion drams, as a positive balance had arisen due to savings and reduced losses in the system.

On June 13, in a response letter from the commission's chairman, the proposal was rejected. Can you guess why the official appointed by the ruling party rejected it?” he wrote.