YEREVAN. - Under the Law of the Republic of Armenia on Electricity, the electricity tariffs of Armenia, which have entered into force since 1 August, cannot be reviewed earlier than after six months, the statement issued by the Public Services Regulatory Commission (PSRC) of Armenia.

The statement reads, in particular: “The Public Services Regulatory Commission (PSRC) of Armenia officially informs that the statement of the Chairman of the Armenian Consumers’ Union NGO Armen Poghosyan, made at the press-conference on August 9 of the current year with regard to raising the electricity tariff in three months, does not correspond to reality and lacks any economic and legal grounds.”

Apart from this, according to the PSRC statement, the Commission determined the current tariffs on the basis of the daily indexes, no review of tariffs being stipulated until 1 August 2017.