Kyivenergo Threatens to Cut Hot Water Due to Freezing of Its Accounts

PJSC Kyivenergo might have to cut hot water supply in Kyiv starting June 27 because of the freezing of the company’s accounts by the Executive Service, according to the company’s executive director Yuriy Mahera as reported by Ukrayinski Novyny.

Mahera said that the company’s dialogue with the Executive Service has been so far ineffective, and that Kyivenergo has asked Kyiv mayor Vitali Klitschko to facilitate finding a solution. With the account used for paying salaries to employees also being frozen, the company cannot continue routine operation for much longer and fears social unrest.

Kyivenergo representatives previously said that the company was taking all possible measures to restore the stable delivery of services to the residents of Kyiv after its accounts were frozen by NJSC Naftogaz of Ukraine and claimed its clients wouldn’t be affected.

On June 3, PJSC Kyivenergo informed the Committee for Housing and Communal Services of the Verkhovna Rada about the reasons and consequences of the freezing of its accounts as a penalty for the company’s debts to NJSC Naftogaz of Ukraine for 2014–2015 that Kyivenergo claim have already been paid. The committee in its turn addressed Prime Minister Volodymyr Groysman with a request to introduce a moratorium on freezing bank accounts of Ukrainian heat suppliers.

Currently, the accounts of 104 energy suppliers including PJSC Kyivenergo are under arrest due to penalties from NJSC Naftogaz of Ukraine. The total amount of fines exceeds ₴10 billion (over $400 million), including 1.5 billion of fines charged to Kyivenergo.

Source: Ukrayinska Pravda Kyiv