This was stated by Director General Oleksandr Fomenko, reports Ukrainian News.
"For Kyivenergo the tariff for heat energy for the needs of the population is in action. And it does not cover 50% of the production cost of heat. We regularly provide to Natskomuslug (National commission on the state regulation of utilities) the calculations, the Commission has the right to check and decide whether to change or maintain their rates at current levels. If we talk about the cost of thermal energy production for the needs of the population, it is 50% higher than the approved rate for the company in its generation, transmission and supply," said Fomenko.
However, he noted that Kyivenergo does not consider the increase for the population fundamental.
Fomenko highlighted that the main goal for the company is timely payments, whether it is compensation of the difference or direct payment for services.
"Of course, Kyivenergo is interested in a cost-based tariffs. If the rate remains at the current level, and the state budget is prepared to compensate the difference on a monthly basis, the company accepts this option. The important thing for us is timely payment for gas," said Fomenko.