YEREVAN. – As of August 1, the electricity tariff for Armenia’s consumers will reduce by 2.58 drams per kW/h.

The Public Services Regulatory Commission reached the aforesaid decision at its meeting on Friday.

It is noteworthy, however, that the tariff will actually increase for residents who consume up to 250 kW/h of electricity per month because the decision of electricity tariff subsidy, according to which the Armenian government had assumed a tariff subsidy, is still in force until August 1; that is, the electricity prices will actually increase by 4.35 drams for these consumers.

This will not be the case, however, only if the government decides to continue the subsidy. But even in that case, the prices will remain the same, in best-case scenario, for those who consume less than 250 kW/h of electricity per month, and the amount of subsidy will reduce.