Calm Down! Electricity Rates Will Not Increase Until March 2024

Tenang, Tarif Listrik Tidak Naik Sampai Maret 2024 untuk Golongan Ini

"Calm down, Electricity Tariffs Will Not Increase Until March 2024 for This Group"

"Dream - Masyarakat bisa sedikit lega menyambut Tahun Baru 2024. Alasannya, Kementerian Energi dan Sumber Daya (ESDM) memastikan tidak akan menaikkan tarif tenaga listrik pada periode Januari-Maret 2024 bagi 13 golongan pelanggan nonsubsidi tetap. "Tarif listrik Januari sampai Maret 2024 diputuskan tetap untuk menjaga daya saing pelaku usaha, menjaga daya beli masyarakat dan menjaga tingkat inflasi di tahun yang baru," ujar Direktur Jenderal Ketenagalistrikan, Jisman P. Hutajulu, dikutip dari Liputan6.com, Rabu, 27 Desember 2023." Translation: "Dream - The public can breathe a little easier welcoming the New Year 2024. The reason is that the Ministry of Energy and Mineral Resources (ESDM) has confirmed that there will be no increase in electricity tariffs during the January-March 2024 period for 13 groups of non-subsidized customers. "Electricity tariffs from January to March 2024 are decided to remain unchanged to maintain the competitiveness of business actors, preserve the purchasing power of the public, and keep inflation levels in the new year," said the Director General of Electricity, Jisman P. Hutajulu, quoted from Liputan6.com, Wednesday, December 27, 2023."

The translation of "Pelanggan Subsisi Juga Tidak Naik" to English is "Subsidized Customers Also Did Not Increase".

"Not only for electricity customers whose costs are no longer covered by the government, the Ministry of Energy and Mineral Resources also ensures that the rates for 25 groups of subsidized customers will not change and will continue to receive electricity subsidies."

"Including among them social customers, poor households, small industries, and customers whose electricity allocation is for micro, small, and medium enterprises or MSMEs,""

to English is

Calm Down! Electricity Rates Will Not Increase Until March 2024

According to Jisman, the decision not to raise electricity tariffs is part of the Government's efforts through the electricity sector to maintain the competitiveness of business actors, preserve the purchasing power of the community, and keep the inflation rate in check.

The government also hopes that PLN will continue to make efforts to implement operational efficiency measures and drive electricity sales more aggressively while maintaining the quality of service provided to the public.

According to the provisions of the Minister of Energy and Mineral Resources Regulation Number 28 of 2016 jo. Minister of Energy and Mineral Resources Regulation Number 8 of 2023, the adjustment of electricity tariffs for non-subsidized customers is carried out every 3 months referring to changes in the realization of macroeconomic parameters, namely: exchange rate, Indonesian Crude Price (ICP), inflation, and Reference Coal Price (HBA).

"Based on these provisions, the macroeconomic parameters used for the first quarter of 2024 are the realizations for the months of August, September, and October 2023, namely an exchange rate of Rp15,446.85/USD. Meanwhile, the world crude oil price (ICP) is around US$ 86.49 per barrel, inflation is at 0.11 percent, and HBA is 70 USD/ton in accordance with the DMO Coal policy."

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