Maintain People's Purchasing Power Ahead Of Eid Al-Fitr, ESDM Sets Unchanged Electricity Tariffs

JAKARTA - The government through the Ministry of Energy and Mineral Resources (ESDM) has decided that the electricity tariff for Quarter II (April-June) in 2024 for 13 groups of non-subsidized customers will not change or not.

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

Jisman revealed that the macroeconomic parameters used for determining the electricity tariff in the second quarter of 2024 were realization in November 2023, December 2023, and January 2024, namely an exchange rate of IDR 15,580.53 per US dollar, ICP of 77.42 US dollars per barrel, inflation of 0.28 percent, and HBA of 70 US dollars per tonne according to the Batubara 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 decided whether or not to increase the electricity rate," said Jisman in his statement to the media, Thursday, March 14.

Jisman added that electricity tariffs 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 continues to encourage PT PLN (Persero) 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," concluded Jisman.