Kyrgyzstan to increase electricity tariffs for businesses

Currently, the tariff is 2.87 soms, however, it is to rise to 3.76 soms.

The Ministry of Energy of Kyrgyzstan posted for public discussion a draft law on electricity tariff increases for non-household customers, i.e. legal entities and entrepreneurs, Sputnik reports.

According to the authors of the draft law, the electricity tariff will rise to 3.76 soms per kilowatt-hour (excluding taxes).

Previously, these categories of customers paid at the ‘budget’ rate of 2.87 soms per kilowatt-hour. However, the changes will not affect entrepreneurs operating in the agricultural and manufacturing sectors.

The main reason for electricity tariff increase is the Government’s plan to import 3.9 billion kilowatt-hours in 2024. According to calculations, the revenues of the electricity companies should total 32.5 billion soms and the expenses — 40.6 billion. A deficit in financing the power sector is expected to total 8.1 billion soms

15 08 2024, 08:39
Photo source: minenergo.gov.kg

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