Keeping People's Purchasing Power So The Government's Consideration Does Not Increase The April-June 2024 Electricity Tariff

Illustration of PLN officers routinely carry out infrastructure maintenance to maintain the reliability of electricity supply for the community. (Doc: PLN)

JAKARTA - The government has decided not to increase electricity rates for the second quarter of 2024.

The Director General of Electricity at the Ministry of Energy and Mineral Resources, Jisman P. Hutajulu, revealed that the macroeconomic parameters used to determine electricity rates in the second quarter of 2024 were realization in November 2023, December 2023, and January 2024, namely an exchange rate of Rp15,580.53 per US dollar, an ICP of 77.42 US dollars per barrel, inflation of 0.28 percent, and HBA of 70 US dollars tonnes according to the coal DMO policy.

"Based on the four parameters, the adjustment of electricity tariffs or tariff adjustments for non-subsidized customers should have increased when compared to tariffs in the first quarter of 2024. However, to maintain people's purchasing power, the government has set fixed electricity rates or not to increase," said Jisman to the media quoted on Saturday, March 30.

Jisman said that the electricity tariff for 25 subsidized groups of customers also did not change and electricity subsidies were still provided. This includes social customers, poor households, small industries, and customers whose electricity allocation is for micro, small and medium enterprises or MSMEs.

The Ministry of Energy and Mineral Resources, said Jisman, continues to support PLN in order to always try to take operational efficiency steps and spur sales of electricity more aggressively while maintaining the quality of service provided to the community.

PLN President Director Darmawan Prasodjo said, in accordance with the government's decision, PLN is also ready to support the government's efforts to deliver electricity that remains reliable and affordable in order to maintain people's purchasing power.

"PLN is ready to support the government's efforts to provide reliable and affordable electrical energy for all customers. Various efficiency and digitization efforts that have been carried out by PLN are the keys in realizing this commitment," said Darmawan.