Financial Results
Tariff policy and tariffs for the Company’s services
Company’s tariff policy
Prices (tariffs) for the Company’s power transmission services and the grid connection fees are regulated by the state and set according to the KKSTRD orders. In the Krasnodar Krai, the Republic of Adygeya and the Sirius federal territory, where the Company operates, there are unified prices (tariffs) for each group of electricity consumers.
The main legal acts that regulate relations in setting the regulated tariffs and the practice of their application are as follows:
- Federal Law ‘On electric power industry’ No. 35‑FZ dated 26 March 2003 (as amended)
- Decree of the Government of the Russian Federation ‘On pricing in the field of regulated prices (tariffs) in the electric power industry’ No. 1178 dated 29 December 2011 (as amended)
- Orders of the Federal Tariff Service (FTS of Russia):
- On approval of the guidelines for the calculation of tariffs for electricity transmission services established using the required gross revenue long‑term indexation technique No. 98‑e dated 17 February 2012
- On approval of the guidelines for the calculation of regulated tariffs and prices for electric (thermal) energy in the retail (consumer) market No. 20‑e/2 dated 6 August 2004
- Order of the FAS of Russia No. 490/22 dated 30 June 2022 ‘On approval of the methodological guidelines for determining the grid connection fee’ (effective from 2 September 2022)
Tariffs for electricity transmission services
Starting from 2023, Rosseti Kuban PJSC moved to another long‑term (5‑years) period for tariff regulation of electricity transmission services. Rosseti Kuban’s electricity transmission tariffs and long‑term regulatory parameters for 2023–2027 were set by the KKSTRD using the long‑term indexation of required gross revenue.
Tariffs for electricity transmission services in the Krasnodar Krai, the Republic of Adygeya, and the Sirius federal territory for 2024 were established by Order of the KKSTRD No. 32/2023‑e dated 29 November 2023 (as amended by Order No. 35/2023‑e dated 20 December 2023), with an increase of 9.1% from 1 July 2024 to the approved tariffs for the second half of 2023.
Information on tariffs for electricity transmission services in 2024 is available on the Company’s official website in the To Consumers/Electricity Transmission/Tariffs for Electricity Transmission Services section.
| Indicator | 2022 | 2023 | 2024 | Δ 2024/2023 (%) |
|---|---|---|---|---|
| Region’s required gross revenue (RGR) for electricity transmission approved under tariff and balance decisions (RUB million) | 57,733 | 68,529 | 75,574 | 10.3 |
| Including: | ||||
| 24,849 | 28,952 | 31,944 | 10.3 |
| 8,495 | 9,974 | 11,803 | 18.3 |
| 9,244 | 11,469 | 12,350 | 7.7 |
| 15,145 | 18,134 | 19,477 | 7.4 |
| Including: | ||||
| – to pay for electricity losses | 5,349 | 6,627 | 7,331 | 10.6 |
| – for upkeep of power grids of related TGOs | 9,797 | 11,508 | 12,146 | 5.5 |
| 19,955 | 21,694 | 22,696 | 4.6 |
| 2.89321 | 3.15887 | 3.32980 | 5.4 |
Grid connection fee
For 2024, in accordance with the methodological guidelines for determining the grid connection fee approved by Order of the FAS of Russia No. 490/22 dated 30 June 2022 (hereinafter – Guidelines No. 490/22), Order of the KKSTRD No. 33/2023‑e dated 6 December 2023 established standardised tariff rates, discounted rates per 1 kW of requested maximum capacity and fee formulae for the grid connection of consumer terminals.
In addition, if there is no technical capacity for grid connection as specified by the Rules of grid connection of consumer terminals, power generation facilities, as well as power grid facilities owned by grid organisations and other entities, as approved by Resolution of the Government of the Russian Federation No. 861 dated 27 December 2004, a fee for grid connection under an individual project is set by orders of the KKSTRD on a case‑by‑case basis.
Effective 1 January 2024, the discounted rate for applicants from Krasnodar Krai, the Republic of Adygeya, and the Sirius Federal Territory, established for 2024 by Decision of the KKSTRD No. 33/2023‑e dated 6 December 2023, is RUB 4,456.27 (including VAT) per 1 kW of requested maximum capacity, and effective 1 July 2024 — RUB 5,570.34 (including VAT) per 1 kW. However, for socially disadvantaged categories (low‑income families, veterans, disabled people, citizens exposed to radiation as a result of the Chernobyl nuclear power plant disaster, and large families) the fee for grid connection of facilities with up to 15 kW capacity is set at RUB 1,114.07 (including VAT) per 1 kW of the requested maximum capacity.
Rosseti Kuban’s detailed information on the established standardised tariff rates and the grid connection fee rates per unit of maximum capacity in 2024 is available on the Company’s website in the To Consumers / Grid Connection / Tariffs for Grid Connection section
| Indicator | UoM | 2022 | 2023 | 2024 | Δ 2024/2023 (%) |
|---|---|---|---|---|---|
| Standardised tariff rates to cover the costs of grid connection of consumer terminals, power grid facilities owned by grid organisations or other entities, with regard to the measures specified in para. 16a and para. 16c of Guidelines No. 490/22 | RUB/connection | 12,522.51 / effective 01.12.2022 — 14,305.13Based on KKSTRD Order No. 38/2022‑e dated 25 November 2022, a new rate of RUB 14,305.13 per connection was approved, effective 1 December 2022. | 14,305.13 | 15,325.45 | +7.1 |
| RUB/kW | 638.66 | – | – | – |