YEREVAN. – As of August 1, the electricity fee in Armenia will rise by 9.9 percent.

The Public Services Regulatory Commission on Tuesday held a meeting and unanimously decided to increase the electricity price by 3.85 drams (approx. $0.01) as of August 1.

Accordingly, the daytime rate will increase from 38 drams (approx. $0.09) to 41.85 drams (approx. $0.10), and the nighttime rate will rise from 28 drams (approx. $0.07) to 31.85 drams (approx. $0.08), per kilowatt hour, for most residents in Armenia.