Russian regions have received the right to set energy tariffs because of cryptocurrency miners

The power engineers and the governor of the Irkutsk region previously insisted on raising tariffs

23.12.2021 - 12:35

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What’s new? The Russian government has decided to give all regions the right to differentiate electricity tariffs for the population depending on the consumption volumes. Previously, such a practice was allowed only in Crimea and Sevastopol, the Kommersant newspaper reports, citing the amendments to the Cabinet of Ministers' resolution.

Material on the newspaper's website

What does the document say? In accordance with the amendments of the government, any Russian region, if desired, will be able to independently set the minimum amount of consumption, which can be received at a preferential tariff. Also, the regional authorities will be able to determine the tariffs for different groups of the population.

The document clarifies that the regional authorities will be guided by the “methodological guidelines” of the Federal Antimonopoly Service (FAS). The methodology itself is due to be developed within the next two months.

What had happened before? The power engineers and the governor of the Irkutsk region previously insisted on the increase in energy tariffs because of the cryptocurrency miners. They claimed that the miners buy cheap electricity in the Irkutsk region, with a tariff of 0,86 Russian rubles (RUB) per 1 kWh, while the Russian average is 4,25 RUB.

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