Socio-Economic Consequences of Changes in the Tariff Policy of the Electric Power Industry

The article examines the current tariff policy for electricity in the Republic of Belarus. There has been a significant disproportion in tariffs between industrial and household consumers, including in comparison with the countries of the Eurasian Economic Union and Europe. The level of electricity...

Full description

Bibliographic Details
Main Author: Yurkevich Olga
Format: Article
Language:English
Published: EDP Sciences 2023-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/107/e3sconf_esr2023_01042.pdf
_version_ 1797343747205234688
author Yurkevich Olga
author_facet Yurkevich Olga
author_sort Yurkevich Olga
collection DOAJ
description The article examines the current tariff policy for electricity in the Republic of Belarus. There has been a significant disproportion in tariffs between industrial and household consumers, including in comparison with the countries of the Eurasian Economic Union and Europe. The level of electricity cost reimbursement, which causes the problem of cross-subsidization, was analyzed. It’s noted that the share of electricity costs in the household budget has been staying at the same level for a long period of time and remains relatively insignificant. It’s noted that with the continued payment of targeted social benefits to pay for housing and communal services for households with low incomes, taking into account the insignificant share of electricity costs in the household budget, the gradual increase in tariff will not have a significant impact on the financial situation of citizens. At the same time, with an increase in energy tariffs, it is necessary to conduct a comprehensive assessment of the growth of household expenses not only in payments for housing and communal services, but also in electricity costs of companies paid by the population as part of domestic goods and services.
first_indexed 2024-03-08T10:52:20Z
format Article
id doaj.art-72165b03659f480c87276bb73eedadb8
institution Directory Open Access Journal
issn 2267-1242
language English
last_indexed 2024-03-08T10:52:20Z
publishDate 2023-01-01
publisher EDP Sciences
record_format Article
series E3S Web of Conferences
spelling doaj.art-72165b03659f480c87276bb73eedadb82024-01-26T16:46:25ZengEDP SciencesE3S Web of Conferences2267-12422023-01-014700104210.1051/e3sconf/202347001042e3sconf_esr2023_01042Socio-Economic Consequences of Changes in the Tariff Policy of the Electric Power IndustryYurkevich Olga0Belarus State Economic UniversityThe article examines the current tariff policy for electricity in the Republic of Belarus. There has been a significant disproportion in tariffs between industrial and household consumers, including in comparison with the countries of the Eurasian Economic Union and Europe. The level of electricity cost reimbursement, which causes the problem of cross-subsidization, was analyzed. It’s noted that the share of electricity costs in the household budget has been staying at the same level for a long period of time and remains relatively insignificant. It’s noted that with the continued payment of targeted social benefits to pay for housing and communal services for households with low incomes, taking into account the insignificant share of electricity costs in the household budget, the gradual increase in tariff will not have a significant impact on the financial situation of citizens. At the same time, with an increase in energy tariffs, it is necessary to conduct a comprehensive assessment of the growth of household expenses not only in payments for housing and communal services, but also in electricity costs of companies paid by the population as part of domestic goods and services.https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/107/e3sconf_esr2023_01042.pdf
spellingShingle Yurkevich Olga
Socio-Economic Consequences of Changes in the Tariff Policy of the Electric Power Industry
E3S Web of Conferences
title Socio-Economic Consequences of Changes in the Tariff Policy of the Electric Power Industry
title_full Socio-Economic Consequences of Changes in the Tariff Policy of the Electric Power Industry
title_fullStr Socio-Economic Consequences of Changes in the Tariff Policy of the Electric Power Industry
title_full_unstemmed Socio-Economic Consequences of Changes in the Tariff Policy of the Electric Power Industry
title_short Socio-Economic Consequences of Changes in the Tariff Policy of the Electric Power Industry
title_sort socio economic consequences of changes in the tariff policy of the electric power industry
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2023/107/e3sconf_esr2023_01042.pdf
work_keys_str_mv AT yurkevicholga socioeconomicconsequencesofchangesinthetariffpolicyoftheelectricpowerindustry