The electricity supply company, KESCO, has requested a 21.3 percent increase in electricity prices for 2026.
The request has been submitted to the Energy Regulatory Office (ERO) and it is now up to this institution to decide whether or not to approve the proposal to increase the price of electricity.
According to the application for maximum income, after taking into account expected expenses, the Universal Service Provider's (USP) request for maximum allowed revenues for 2026 amounts to 528.78 million euros.
For comparison, the allowed revenues for 2025 were around 435 million euros – which were approved by ERO.
If ERO approves KESCO's request this time, it will be the third time in the last four years that the price of electricity has increased.
ERO annually reviews and sets electricity tariffs, which are announced on April 1 and are valid until March 31 of the following year.
In 2023, ERO approved a price increase of 15 percent, while in 2025 it increased by 16.1 percent.
also
PDK: Further increase in electricity prices increases poverty
In 2024, tariffs were reduced by 8 percent for household consumers consuming over 800 kilowatts and for commercial and industrial consumers by 3 percent.
Currently, the daytime rate for those using less than 800 kilowatts per month is 9.05 cents per kilowatt. While the nighttime rate (23:00 - 08:00) for those using less than 800 kilowatts is 3.88 cents per kilowatt.
For kilowatts spent above the 800 kilowatt block tariff, the price is 15.43 cents during the day and 7.28 cents at night.
