So far, the state is accommodating low-income citizens and paying them subsidies to help pay for utility services.
However, such steps are quite expensive for the state, so a gradual increase in housing and communal services tariffs is only a matter of time, said Serhiy Nikolaychuk, First Deputy Chairman of the National Bank of Ukraine, in an interview with Interfax-Ukraine.
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“If we talk more specifically about adjusting prices for housing and communal tariffs, we also understand very well that today's price subsidization is quite expensive for the state. This creates additional pressure on the budget, on quasi-budgetary balances. Therefore, sooner or later it will still have to be leveled,” says Serhiy Nikolaychuk.
The expert is confident that the recalculation of tariffs is a necessary step to stabilize the economic situation and reduce pressure on the state budget.
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After all, the regulator seeks to achieve inflation targets not through administrative restrictions, but through predictable monetary policy. But when tariffs remain unchanged for years and then increase several times, this creates serious challenges for controlling inflation.
At the same time, given that Ukraine currently has a military moratorium on increasing tariffs for gas, heat, and hot water for the population.
At the same time, this protection does not apply to electricity, cold water and other housing and communal services. It is in these areas that Ukrainians have already felt significant changes: electricity prices increased in 2023-2024, although they have remained stable in 2025. And it is possible that this is the sector where price increases will begin.
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In addition, tariffs may increase under the pressure of the implementation of the Memorandum with the International Monetary Fund.
We also recall that the NBU reported that until the end of 2025, prices for utility services will remain unchanged, but in the future they plan to adjust them in accordance with market realities and an economically justified level. The reason for this is the worsening situation in the energy sector.
