Protests in Yerevan and other Armenian cities have persisted for over a week, following the state regulatory commission’s June 17 decision about increasing the electricity fee from August 1. As previously suggested (see EDM, June 12), the commission decided upon a smaller fee increase than Electric Networks of Armenia (ENA) management had originally asked for: while the initial request was for an extra 17 Armenian dram (the current daytime price is 42 dram—about 9 cents; 1 US dollar equals 477 Armenian dram) per kilowatt-hour (kWh), the commission’ decision stipulates an increase of 6.93 dram per kWh.
According to media reports, ENA …read more
Source: The Jamestown Foundation