Electricity supplying companies can reduce their cost by 10% - expert says

Electricity supplying companies can reduce their cost by 10% - expert says

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-

19:26 09.06.2014

Comments (0)




 

« November 2014

Mon
Tue
Wed
Thu
Fri
Sat
Sun
 
 
 
 
 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
Username:
Password:

Registration
If you are new on the site, please fill out the registration form.

Enter the website you can use your account on any of the following services.

×