The CESD Exclusive Assessment: Causes and Consequences of Rising Utility Prices in Azerbaijan

The CESD Exclusive Assessment: Causes and Consequences of Rising Utility Prices in Azerbaijan

The regular meeting of the Tariff (Price) Council of the Republic of Azerbaijan held on November 28, 2016 re-examined the sale prices of natural gas, electricity, heating oil, jet fuel. According to the appeal made by the State Oil Company to the Tariff (Price) Council, during recent years large-scale investments have been undertaken to ensure the sustainability of natural gas supply and the quality of service has been improved. Observations show that, in most cases, multi-person households are usually the households with low income due to various reasons and social difficulties. Hence, the social impact of new tariff implementation must be accurately specified and employed criteria must be reconsidered…

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