IDGC of Centre — Yarenergo division is one of the largest taxpayers in the Yaroslavl region. Mandatory cash payments of the grid company, which the branch pays in full to the budgets of various levels, strengthen the economic potential of the region and promote long-term development projects of the city and region.
According to the results of 2011 the Yaroslavl power engineers paid 312.9 million rubles to the Regional Treasury. This amount exceeds the one in 2010 by 62.8 million rubles. The payments in favor of the city increased by 5 million rubles and amounted to 80.8 million rubles. The tax payments to the federal budget rose from 11.3 million rubles in 2010 to 23.5 million rubles in 2011.
Part of the taxes — 209.2 million rubles — IDGC of Centre — Yarenergo division transferred to the state extra-budgetary funds. These funds were distributed to the Social Insurance Fund, Insurance Fund Against Accidents At Work, Compulsory Medical Insurance Fund and Pension Fund.