Gas and electricity tariffs may be revised: what prices are planned
The Ministry of Energy reported that the government had extended the current electricity tariff for domestic consumers until 31 October 2026, whilst Naftogaz states on its official website that the ‘Fixed’ tariff is set at 7.96 UAH per cubic metre, valid until 30 April 2027.
In Ukraine, there is renewed discussion of a possible review of gas and electricity tariffs for the public.
This does not refer to the increase that has already been approved, but to a scenario of gradually bringing prices in line with market levels. This approach is explained by the difficult state of the energy sector, the need to restore infrastructure, and Ukraine’s international obligations.
Currently, the tariffs in force for domestic consumers remain unchanged. Electricity costs 4.32 UAH per kWh, and gas for Naftogaz customers costs 7.96 UAH per cubic metre.
What prices might result from the review
Under the proposed scenario, the electricity tariff could rise from 4.32 UAH to 7–8 UAH per kWh in the first phase.
The economically justified level for electricity is estimated at almost 13 UAH per kWh. According to these calculations, the current tariff covers around 34% of the necessary costs.
For gas, the first stage of a possible review envisages an increase of approximately 20–25% – from 7.96 UAH to around 9.95 UAH per cubic metre.
At the same time, the market-based cost of gas is estimated at nearly 28 UAH per cubic metre. According to these calculations, the current tariff covers around 30% of actual costs.
How bills might change
Take, for example, a typical family that consumes 150 kWh of electricity and 30 cubic metres of gas per month, excluding the heating season.
Under current tariffs, the costs are:
electricity – 648 UAH;
gas – 238.8 UAH;
total – around 886.8 UAH.
If the electricity tariff rises to 7.5 UAH per kWh and the gas tariff to 9.95 UAH per cubic metre, the bill will change as follows:
electricity – 1,125 UAH;
gas – 298.5 UAH;
total – around 1,423.5 UAH.
Thus, for this set of services, costs could rise by approximately 60%.
Why are they looking to revise the tariffs?
One of the reasons cited for the potential tariff reform is the financial state of the energy sector.
Following Russian attacks, the energy infrastructure requires repair, protection and modernisation. This requires significant investment, which state-owned companies lack at current tariff levels.
Another argument is Ukraine’s international commitments to the IMF and the European Union. This concerns the reform of the energy market and the gradual reduction of hidden subsidies.
The article also notes that low energy prices encourage excessive consumption and contribute to the accumulation of debt in the sector.
What Ukrainians need to know
The new tariffs have not yet been introduced.
The current price of electricity for households is 4.32 UAH per kWh. The current gas tariff for Naftogaz customers is 7.96 UAH per cubic metre.
Therefore, figures of 7–8 UAH for electricity and around 9.95 UAH for gas should currently be viewed as a possible scenario for the first stage of tariff reform, rather than as a decision that has already been taken.
How to reduce costs
One way to save money is to install a dual-rate electricity meter.
In this case, electricity consumed between 23:00 and 07:00 is charged at half the standard rate. At a price of 4.32 UAH per kWh, the night-time rate is 2.16 UAH.
LED bulbs, energy-efficient A+++ appliances, and running boilers, washing machines and other energy-intensive appliances at night can also help reduce consumption.
For socially vulnerable families, subsidies remain the key support mechanism. In the event of a tariff review, the amount of assistance should be transferred via the Pension Fund.
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