 Yerevan Water Company has sent a claim to the Public Services Regulatory Commission of the Republic of Armenia proposing to review the price of drinking water and raise it by 14%, the General Director of the Company Pascal Royet said at a press conference today.
Royet mentioned that one of the reasons they decided to raise the price was the economic crisis, due to which Armenian businesses consumed 17% less water in 2009 than in 2008. “I would not like the subscribers to bear this brunt again. Had the state provided subsidies, the price of water would not rise,” said he. Royet, at the same time, hoped that the Commission will approve their claim. “I will fight for my benefit, so that I may be able to keep my business,” said Royet. If the Commission approves the claim, from July 1, Yerevan Water will raise the cost of water by 14% to 206 AMD per cubic meter.
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