Natural gas suppliers publish annual prices for households in Ukraine from May 1

Natural gas supply companies have offered households in Ukraine to buy gas for UAH 7.88 to UAH 13.5, or US$0.28-US$0.48, per cubic meter from May 1, 2021 to April 30, 2022.

That is according to the Gasoteka service.

In particular, the lowest annual price was offered by Evoda Trade (UAH 7.88/US$0.282 per cubic meter), Umangazzbut (UAH 7.89/US$0.283 per cubic meter), Naftogaz of Ukraine gas supply company (UAH 7.96/US$0.285 per cubic meter), and Volynelectrozbut (UAH 7.98/US$0.286 per cubic meter).

Fixed annual prices of other gas suppliers, which serve the majority of Ukrainian households, amount to UAH 7.99 (US$0.286) per cubic meter.

Nineteen more gas suppliers offered their customers fixed annual tariffs within UAH 8.2 UAH (US$0.294) per cubic meter to UAH 12.9 (US$0.462) per cubic meter.

The highest gas tariffs set at UAH 13.5 (US$0.484) per cubic meter will be in effect for consumers of Kherson regional energy company, Zhytomyr regional energy company, and Chernivtsi regional energy company.

Background

• On April 7, 2021, the National Energy and Utilities Regulatory Commission of Ukraine (NEURC) finally approved a resolution regulating the terms of an annual contract on the supply of natural gas to households, which will be mandatory for all private consumers from May 1, 2021.
• Thus, the National Commission obliged all gas suppliers to publish their prices for consumers, which will be valid May 1, 2021, through April 30, 2022, on their websites by April 25.
• So, all households will be transferred to services under an annual contract from May 1 automatically, without the need to submit additional documents. Gas companies are also allowed to offer citizens monthly gas tariffs. To this end, a consumer will have to submit an appropriate application. Moreover, the households have the right to switch to another gas supplier at any time of the annual price validity term.
• The regulator has obliged suppliers to notify consumers of the change in the tariff plan in the same form in which the application was received from the latter, including the electronic version.
• At the same time, the NEURC allowed gas supply companies to decide for themselves whether to allow consumers to return to the annual contract after the transition to the monthly price terms. Also, suppliers have the right to decide whether to take back customers who have switched to another supplier.