Today, public hearings were held to discuss the proposed amendments to the tariffs and tariff estimates for the regulated services of KEGOC before the expiration of their validity period.

Justification for the tariff adjustment

The request to modify the approved tariffs was submitted in accordance with paragraph 601 of the Tariff Formation Rules. The key factors necessitating the tariff revision include:

• change in the cost of strategic goods;
• adjustment of the approved investment programme within the framework of state programmes and national projects;
• change in the average monthly nominal wages of workers according to statistics.

Key reasons for the tariff adjustments

The primary reason for the tariff change is the increase in the cap tariffs for electricity, effective February 1, 2025, as approved by the Ministry of Energy of the Republic of Kazakhstan. In particular, the cost of electricity for the Single Purchaser increased from 13.1 KZT/kWh to 24.68 KZT/kWh. This has led to higher costs for compensating technological electricity losses and, consequently, an increase in KEGOC's tariffs.

Investment projects and their impact on tariffs

A joint order of the Agency for Regulation and Development of the Financial Market and the Ministry of Energy of the Republic of Kazakhstan approved an adjustment to KEGOC's investment programme for the 4th and 5th base years. As part of the program, funding is allocated for a major infrastructure project: West Kazakhstan Electricity Transmission Interconnection Project. This project is being implemented in accordance with the instructions of the President of the Republic of Kazakhstan and is aimed at strengthening transit links between regions and their integration into the country's unified power system, as well as ensuring the reliability of the functioning of the energy system of Kazakhstan.

Important information

KEGOC's tariffs account for only 7-8% of the total electricity tariff for end consumers. Thus, the adjustment of KEGOC’s tariffs will have a minimal impact on final consumer tariffs—approximately 1.5-2%.   

KEGOC expresses its gratitude to all hearing participants for their constructive dialogue and is confident that the proposed changes will help ensure the long-term stability of the national power grid.

The public hearing announcement was published in the media in accordance with the legislative norms of the Republic of Kazakhstan. The event was attended by representatives of the media, consumers, and other stakeholders.