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YEREVAN. – Electricity is about five times more affordable for a resident in the United Kingdom (UK) than in Armenia, reported 168 Zham daily.

“There is no need to be surprised [at this fact] if we consider that the average [monthly] wage in euros (removing the taxes) amounted to 229 euros in Armenia, [whereas]  2,993 euros in the UK in 2014.

“Accordingly, a 100 kWh of [electrical] energy cost makes up 3.3 percent of the average wage in Armenia, [whereas] solely 0.7 percent in the United Kingdom. In other words, the amount spent on electricity makes up a small percentage in the salary of an Englishman and it does not present a burden.  

“The problem is whether or not this price is affordable for the resident. And if compared, it turns out that Armenia occupies the penultimate place among European and regional countries in terms of affordability of electricity,” wrote 168 Zham.

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