15:51 Nov 26, 2012 |
Russian to English translations [PRO] Tech/Engineering - Energy / Power Generation | |||||||
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| Selected response from: Deborah Hoffman Local time: 03:32 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 +4 | rates even at the time of their approval do not cover the production cost |
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rates even at the time of their approval do not cover the production cost Explanation: There is a ceiling for raising utility fees. According to First Vice Premier Valeriy Khoroshkovsky, even if raised, they would not cover the full original price of gas. http://ukrainianweek.com/Security/51912 -------------------------------------------------- Note added at 21 mins (2012-11-26 16:13:22 GMT) -------------------------------------------------- It looks as though "tariff" is also used in UK and international contexts (see below references). It's just to my US ear a tariff sounds like an import/export duty and the cap on utility charges is usually just called a rate. The "green" tariff for electricity (also known in many other jurisdictions as the "feed-in" tariff) was introduced in Ukraine relatively recently – only in 2008. Since that time it has evolved substantially and now appears to be quite mature in terms of the legislative base. http://www.mondaq.com/x/157224/Oil Gas Electricity/Green Fee... Ukraine’s gas pricing policy subsidizes gas and heating for all households.... Through estimation of household demand functions by income quintiles to evaluate the distributional consequences of tarrif reform, this paper finds that tariff reforms combined with targeted social support can address the economic inefficiencies of the current pricing policy without large welfare costs to the lower income segments of the population http://www.imf.org/external/pubs/cat/longres.aspx?sk=40047 |
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