12 May 2026
By the end of 2029, total utility bills for citizens will increase by 35.7%, according to the updated macroeconomic forecast for the next three years, published by the Ministry of Economic Development on Tuesday.
According to the document, utility bills for citizens will increase by 9.9% by the end of this year (effective October 1), by another 8.7% in 2027, by 7.1% in 2028, and by an additional 6.1% in 2029.
Electricity will see the most significant price increases: grid company tariffs will increase by 15.2% in October of this year, 15.3% in 2027, 11.2% in 2028, and 6.3% in 2029. In total, over four years, tariff indexation for “electricity transmission services” will amount to 57%. This is due to the “implementation of major investment projects in the electric power sector,” the Ministry of Economic Development explains.
Gas tariffs for households, which have already increased by 36.7% since the start of the war, will increase by another 36.9% over the next four years: 9.6% this year, 9.1% in 2027, and 7% each in 2028 and 2029. The cumulative indexation since the invasion of Ukraine will thus reach 87% by the end of the decade.
“The goal is to ensure the financial capacity of gas distribution organizations for infrastructure construction within the framework of regional gasification programs and the social gasification program,” the Ministry of Economic Development writes.
According to Rosstat, in early 2026, housing and utility tariff growth in Russia set a 16-year record. In January, average utility tariffs nationwide increased by 15.02% year-on-year, the largest increase since September 2010 (then 15.6%).
The regions with record increases of more than 20% were Mordovia (+23.65%), Kemerovo Oblast (+22.9%), and Perm Krai (+20.23%). However, in no other region of the Russian Federation did utility bills increase by less than 10%.
Cold water tariffs increased by 15.5%, the highest since June 2011, and hot water tariffs by 16% since December 2010. Gas prices increased by an average of 14.85% year-on-year, the highest since June 2014.
According to the Accounts Chamber, housing and utilities will account for approximately 10% of all Russian consumer spending in 2025. Another sharp indexation will accelerate inflation and hit consumers hard, the agency warned in early November.
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