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04.06.2024

The information that is being distributed in the media regarding the acquisition of additional income by JSC “NNEGC “Energoatom”, regarding the increase in electricity rates, does not correspond to reality!

For the information of all “experts” who speculate on the government's increase in rates for the population “for the benefit of Energoatom”:

ENERGOATOM DOES NOT GET A PENNY BECAUSE OF INCREASE IN RATES

Therefore, before the increase in the fixed price for the public, the cost of the PSO service for JSC “NNEGC “Energoatom” amounted to UAH 125.7 billion (without VAT), or 70.7% of the Company's net income.

Taking into account the Company's minimum own costs for ensuring electricity production and minimum capital investments, including financing measures related to nuclear safety enhancement, ensuring NPP physical protection, the deficit of funds for PSO payment amounts to UAH 17.4 billion (excluding VAT ) in 2024.

At the new level of fixed price for the population, the projected of the PSO service for JSC “NNEGC “Energoatom” will amount to UAH 108.3 billion (excluding VAT) in 2024.

This will allow JSC “NNEGC “Energoatom”, provided the current market conditions are maintained, to pay the cost of the PSO service in full in 2024. In fact, it will be 60% of the Company's net income.

It should also be noted that the National Commission for State Regulation of Energy and Public Utilities plans to increase rates for electricity transmission by 19% and for electricity distribution by 6.7% in the nearest future, and it will cause an increase in the costs of universal service providers for payment of operator services.

Due to the increase in the fixed price for household consumers, the universal service providers will receive additional funds to cover their own costs, to compensate for the increase in the cost of purchasing electricity on the market, as well as to pay for the services of the Transmission System Operator (National Energy Company “Ukrenergo”) and Distribution System Operators (Oblenergo) at increased rates.

Energoatom, as the largest and most reliable producer of electricity for our country, will continue to cover the difference in market and effective rates for the population at its own expense.

We continue to provide the citizens and industry of Ukraine with electricity at the capacities that are available during outages during the summer period.

We do our best to ensure that all our power units work in winter and that all Ukrainian homes have light and heat.

Energoatom works for Ukraine and Ukrainians!