The cost of electricity in Ukraine is set to rise. The increase is necessary for the survival of the country's energy system, says the Energy Minister.

The average cost for one family will increase to about 250 hryvnias per month. The cost of a year's worth of electricity will rise to about $3,000. The rise is due to the increase in the price of electricity, which has been rising since the start of the Ukraine crisis in early 2010. The price of energy has been increasing since the crisis began.