Support The Moscow Times!

Electricity Rules Changed

The government approved new rules for the retail electricity market, Vladimir Putin said at a meeting devoted to the issue, Interfax reported Friday.

The new rules, Putin said, "govern relations between suppliers and consumers of electricity and contain several major innovations." The new rules introduce fines of three times the cost of electricity for unmetered consumption and lift restrictions when changing suppliers.

"We need real steps to improve competition in the retail electricity market, moreover power companies must have a robust and predictable environment, robust and predictable demand," Putin said.

(MT)

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.