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Russian Boiler House Faces Bankruptcy as Tariffs Fail to Cover Costs

Soaring costs threaten a Russian boiler house's survival. Residents could be left in the cold if tariffs don't reflect real expenses.

There are many buildings with brick wall. Also there are dish antennas. In the back there are trees...
There are many buildings with brick wall. Also there are dish antennas. In the back there are trees and sky. Also there are air conditioners on the buildings.

Russian Boiler House Faces Bankruptcy as Tariffs Fail to Cover Costs

The central boiler house in Khilok, Zabaykalsky Krai, Russia, is grappling with a severe financial crisis. From 2020 to 2024, it has amassed losses exceeding 8 million rubles, with its accounts currently seized, hampering fuel purchases and winter preparations.

The boiler house's dire straits stem from escalating costs for coal, electricity, wages, and repairs, coupled with stagnant heating tariffs. Despite residents paying their bills promptly, the tariffs fail to cover even half of the boiler house's expenses. Andrey Gurulev, a deputy of the State Duma, has condemned this situation as unacceptable. The Zabaykalsky Tariff Service, responsible for regulating heating costs, has not accounted for real expenses in the tariffs. If the issue remains unaddressed, boiler houses like this one may face bankruptcy, potentially leaving residents without heat.

Gurulev has vowed to pressure regional authorities and the Zabaykalsky Tariff Service to either account for genuine expenses in tariffs or compensate for the losses. Resolving this issue is crucial to ensure the boiler house's survival and maintain heating services for Khilok residents.

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