The Ukrainian government has officially confirmed plans to further increase tariffs for housing and communal services. The corresponding intention is enshrined in a letter of intent to the International Monetary Fund, which is part of the updated Memorandum on Economic and Financial Policy of Ukraine.
As noted in the document, the authorities have committed to implementing “additional gradual tariff increases” as soon as conditions allow. The price increases will take into account the new tariff methodology and certain “social considerations.”.
The memorandum explicitly stipulates that after the end of martial law, Ukraine will adopt a roadmap for the gradual liberalization of the gas and electricity markets. The relevant changes should take place within six months after the end of hostilities. According to the plan, a law on the interconnection of energy markets will also be adopted, which should accelerate Ukraine's integration into the EU energy system.
The document also mentions the introduction of transparent direct support for state-owned energy enterprises as a temporary measure until sufficient budget resources become available. In other words, currently tariffs are partially covered by budget support, but over time they should reach an economically justified level.
Currently, a moratorium on increasing tariffs for gas, heating, and hot water is formally in effect in Ukraine. At the same time, this moratorium does not apply to electricity, cold water, and related utilities. According to the National Bank, the current tariffs for gas and heat will not be revised during 2025, but an increase is possible as early as 2026.
