YEREVAN, June 9. / ARKA /. Armenian electricity generating companies can reduce their expenditures by 10% without damaging their businesses, said Harutyun Mesrobyan, a management expert in comments on power plants’ and national distribution company’s plans to raise the price of electricity for households by more than 10 percent one year after an almost 27 percent hike, allowed by the regulator.
"I am confident that electricity tariffs can be easily reduced by 10% and that move will not damage energy supplying companies. This in turn will benefit all,” he said.
Mesropyan also expressed confidence that these companies can easily reduce by 30% their indirect expenses, including the expenses on the maintenance of an army of secretaries, drivers, company cars, and more.
"Take, for example, salaries and bonuses. They have increased over the past 15-20 years from 10% to 30%, and in some cases even doubled. This suggests that the companies’ costs increased and to compensate they want to get into our pockets by increasing electricity prices, "he said.
The current electricity price is 38 drams (9 U.S. cents) per kilowatt/hour. The Public Services Regulatory Commission (PSRC) wants to raise it to 42 drams per kilowatt/hour. -0-