Summertime housing expenses to surge by 10.2%, according to predictions
In the Khabarovsk Krai region of Russia, residents are bracing for an increase in utility fees, effective from July 1st, 2024. The news was reported by the "Khabarovsk Krai Today" news agency.
The tariff for heat energy will see a rise of 4.8%, while the utility fee increase for cold water supply has not been specified in the current information. The discussions about these changes were held at a meeting of the relevant committee of the regional Legislative Assembly.
To mitigate the impact of these increases, the tariff hikes will be capped by the maximum indices approved by the governor. If the increases exceed these indices, citizens in Khabarovsk Krai will receive compensation without the need to submit an application. However, the details of this compensation mechanism are yet to be disclosed.
It's important to note that this utility fee increase is a matter of concern for the residents of the region. To address this concern, deputies have shown interest in extending the federal program for equalizing electricity tariffs in the regions of the Far Eastern Federal District to the average national level.
The regional budget for 2025 includes 5.5 billion rubles for compensating the difference in tariffs in Khabarovsk Krai. Additionally, the region has an unused balance of around 3 billion rubles, received free of charge from the company "RusHydro". These funds could potentially be used to independently control electricity tariffs for enterprises for several years after 2028, when the current federal program for equalizing electricity tariffs in the Far Eastern Federal District is set to expire.
In a positive development, six new regional operators for solid waste management will start operating in the Khabarovsk Krai. This initiative is expected to improve waste management and contribute to a cleaner environment in the region.
For the most accurate and up-to-date information on this topic, it's recommended to consult official local government releases from Khabarovsk Krai's administration or relevant Russian federal authorities, as these sources typically publish announcements about changes in utility rates and related policies.
A resident of Khabarovsk Krai might need to reassess their personal budget, considering the upcoming real-estate industry changes as well as increases in utility fees. This could potentially impact their investing strategies in the finance sector, given the rise in heat energy tariffs and the uncertainty surrounding cold water supply fees. In light of these financial changes, the regional budget could play a significant role, with funds available for compensating electricity tariff differences and potentially controlling electricity tariffs for enterprises in the future.
