Parliament fast-tracked and adopted amendments that will allow the Georgian National Energy and Water Supply Regulatory Commission to set differentiated tariffs for water and natural gas consumption

Parliament fast-tracked and adopted amendments to the Law on Energy and Water Supply. Under the adopted legislation, the Georgian National Energy and Water Supply Regulatory Commission (GNERC) is authorized to set differentiated tariffs for household water and natural gas consumption.

Under the law, GNERC will be authorized to establish different service rates based on the volume of water consumed by household customers until January 1, 2036, and based on the volume of natural gas consumed by household customers until January 1, 2038.

The amendments were approved at the third reading, with 75 votes in favor and 5 against.