Electricity tariffs in Kazakhstan for March increased by almost 6% for the month and by 26% for the year. In the first two months of this year, Kazakhstan produced 21.4 billion kilowatt-hours (kWh) of electricity – which is 3.2% more than the first two months of 2023. Pavlodar region produced the most electricity at 9.3 billion kWh, followed by Karaganda region with 2.3 billion kWh, and Atyrau region at 1.4 billion kWh. Overall, those three regions provided the whole country with 60.7% of its total electricity production.
According to the results of last month, electricity tariffs in Kazakhstan for 31 days rose by 5.9% The largest price increases fell on residents in North Kazakhstan (+20%), East Kazakhstan (+19.8%), Abay (+19.7%), Pavlodar (+19%), and Almaty (+17.9%) regions, and in the city of Almaty (+10.3%). In the remaining 14 regions, the cost of electricity remained at the level of February 2024.
Currently, members of the Majilis (lower chamber of parliament) are introducing through a first reading legislative amendments to support the use of renewable energy sources (RES), as well as changes to the power industry and natural monopolies. The bill currently in Parliament aims to regulate the energy sector, including the development of small-scale facilities for the use of RES – as well as to create favorable conditions for attracting investment in the energy sector of the country.
