Kyrgyzstan To Raise Electricity Tariffs


(MENAFN- Trend News Agency) BISHKEK, Kyrgyzstan, April 23. Electricitytariffs will be changed for all consumers in Kyrgyzstan from May 1,2024, Trend reports.

According to the Ministry of Energy of Kyrgyzstan, the increasewill be 10.8 percent. As a result, the tariff for electricity forthe population consuming up to 700 kilowatts will be 1.10 soms($0.012) per kilowatt-hour, and above 700 kilowatts, it will be2.39 soms ($0.027) per kilowatt-hour.

The population living in high-mountainous and remote,hard-to-reach areas will pay 1.10 soms ($0.012) perkilowatt-hour.

The Ministry notes that the change in electricity tariffscreates a good opportunity for the development of energy companies,replacement of outdated electrical equipment, modernization, andreconstruction of energy facilities. This increases the reliabilityof the electricity supply.

According to Kyrgyzstan's medium-term tariff policy onelectricity, electricity tariffs are adjusted annually depending onthe inflation rate.

Kyrgyzstan's State Statistical Agency reports that the countryproduced 3.434 billion kilowatt-hours of energy from Januarythrough February 2024, which is 8.2 percent less than in the samemonths of 2023.

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Trend News Agency

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