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Tariff rise: Households paying MNT 36,000₮ for monthly electricity bill to pay MNT 52,000 www.gogo.mn
Electricity tariffs in Mongolia are set to increase starting November 15, 2024, following a decision by the Energy Regulatory Commission to align consumer electricity prices with real costs. Heating tariffs will also see adjustments beginning May 16, 2025.
The current average electricity tariff of MNT 216 per kWh will be MNT 280, but a tiered system will now be applied to household electricity consumption to encourage energy efficiency and minimize the financial impact on families. For households, the first 150 kWh of monthly consumption will be charged at MNT 175 per kWh, consumption between 150 and 300 kWh will cost MNT 256 per kWh, and usage exceeding 300 kWh will be charged MNT 285 per kWh. Previously, households were charged an average of MNT 140 per kWh.
The introduction of this tiered system reflects the principle that higher consumption incurs higher costs. Households consuming up to 150 kWh, accounting for 45% of all households, will see modest increases, while 40% of households consuming 150-300 kWh and 15% consuming more than 300 kWh will experience steeper tariff changes. For the average household consuming 220 kWh per month, the monthly electricity bill will rise from MNT 36,220 to MNT 52,107, marking an increase of MNT 15,887.
To accommodate varying usage patterns, an evening peak-hour tariff will be introduced, supplementing the existing day and night tariffs. Households in ger districts will continue to benefit from the night-time electricity discount, and tariffs for socially vulnerable households will remain unchanged. Household tariffs have remained stable for the past five years since 2019.
The electricity tariffs for businesses and organizations will increase by an average of 30%. The Energy Regulatory Commission stated that this reform, aligning prices with market principles, aims to promote financial and operational sustainability within Mongolia’s energy sector.
Published Date:2024-11-18
