As to the electricity price, the wholesale price is 1.4 kopecks per kilowatt, and retail price is 2 kopecks. He said that the current prices reach 4 kopecks after Russian gas price $110 per 1 000 cubic meters, and mazut price.

"If Russia charge Azerbaijan $230 for 1 000 cu m of gas, the cost price of electricity will be increased," he said, APA reports.