Kazakhstan Proposes Seven-Year Freeze on Electricity Rate Caps

Kazakhstan’s Ministry of Energy has drafted an order to freeze maximum electricity rates from 2026 through 2032, Orda.kz reports.

The proposal has been published on the Open Regulatory Acts portal and will remain open for public comment until December 17.

According to the draft, tariff caps would stay at 2025 levels, meaning energy producers would be prohibited from raising their selling prices for the next seven years.

The rate caps will remain at the 2025 level. This means that energy producers will not be able to increase their selling prices for seven years, the document states. 

It adds that the measure will not change the cost of electricity for the single purchaser.

The initiative follows a meeting chaired by the president on October 8, where he instructed the government to curb inflation and ensure macroeconomic stability.

Economist Rakhimbek Abdrakhmanov earlier noted that tariff increases were the main driver of inflation in 2025, with housing and utilities rising nearly 18% and electricity 16.3%.

Analysts have also compared utility costs across countries: Kazakhstan ranks 98th out of 127, with an average monthly spending of $27 — higher than in Kyrgyzstan and Tajikistan, but lower than in Russia, Armenia, and Moldova.

Original Author: Ruslan Loginov