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Significant Reduction in HETC Connection Costs and Fees Approved

Significant Reduction in HETC Connection Costs and Fees Approved

The Public Services Regulatory Commission has decided to lower the connection fees for new subscribers to HETC and the charges for increasing power capacities.

HETC's interim manager, Romanos Petrosyan, announced that the Commission approved a new decision during today's meeting. Accordingly, the connection fees for individuals and legal entities wishing to become new subscribers of HETC (connecting the consumption energy system to the distribution network) will decrease by up to 40%.

Simultaneously, the fees for increasing electricity capacities or the connection of new capacities will be reduced by up to 55%.

The decision will come into effect the day following its publication, which is expected to be tomorrow. Romanos Petrosyan expressed gratitude to the Regulatory Commission and the entire HETC staff for this citizen-centered reform, congratulating everyone and adding that HETC now serves the people.

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