Ministry of Energy Clarifies Process for Setting Electricity Rates for 2026–2032

The Ministry of Energy of the Republic of Kazakhstan explained how the approval of maximum electricity tariffs for 2026–2032 will proceed, Orda.kz reports, citing the ministry.

According to the Law on Electric Power, the agency must set tariffs seven years in advance, until the end of 2025, when the current tariffs expire.

The proposed figures in the draft order currently reflect the 2025 level. Given the moratorium on price increases, the Ministry of Energy cannot officially plan future rate changes. As a result, the document maintains current rates and follows existing restrictions.

The law also permits revisions to tariff caps. Energy companies may initiate this process, but only if market conditions change and economically justified costs are confirmed.

Therefore, it is not accurate to describe the situation as a seven-year tariff freeze. The draft document reflects current conditions but does not rule out future adjustments once the moratorium ends.

The Ministry of Energy notes that its priority is ensuring a stable energy supply and protecting consumer interests while keeping tariffs at their current level.

We previously wrote about the Ministry of Energy's draft order on maximum electricity rates.

Original Author: Oksana Matvienko