26.01.2024 Release

26 January, 2024

Electricity consumers all over Georgia will receive a receipt with a new, reduced tariff. The Georgian National Energy and Water Supply Regulatory Commission (GNERC) has decided to reduce the tariff for all categories of electricity consumers by 3 Tetri per 1 kW/h, effective from the first of January this year. In the regions, JSC ‘EP Georgia Supply’ has already begun sending receipts calculated with the new tariff to consumers. Meanwhile, in Tbilisi, the ‘Tbilisi Electricity Supplier Company’ (Telmiko) will start sending receipts to subscribers from January 30.

According to statistical data compiled by the Tariffs and Economic Analysis Department of GNERC, the reduced tariff positively impacts all categories of consumers, particularly non-household, commercial-type consumers whose annual consumption exceeds 500,000 kWh. Among these, commercial customers connected to the JSC ‘Telasi’ network save an average of 5,500 GEL monthly, while those connected to the JSC ‘Energo Pro Georgia’ network save an average of 12,838 GEL.

In total, the average monthly savings resulting from the reduction of electricity tariffs for commercial customers are distributed as follows:

For commercial customers with an annual consumption of 500,000 - 1,000,000 kWh, included in the distribution network of JSC ‘Telasi’ and JSC ‘Energo Pro Georgia’, the average monthly savings is 1,800 GEL.
For commercial subscribers with an annual consumption of 1,000,000 – 5,000,000 kWh, the average monthly savings in the JSC ‘Telasi’ network is 5,000 GEL, and in the JSC ‘Energo Pro Georgia’ network, it’s 5,500 GEL.
For commercial subscribers with annual consumption of 5,000,000 - 25,000,000 kWh, the average monthly savings in the JSC ‘Telasi’ network is 25,000 GEL, and in the JSC ‘Energo Pro Georgia’ network, it’s 23,600 GEL.
For commercial subscribers with an annual consumption of 25,000,000-50,000,000 kWh, the average monthly savings in the JSC ‘Energo Pro Georgia’ network is 81,000 GEL.
For commercial subscribers with annual consumption of 50,000,000 kWh and more, the average monthly savings in the JSC ‘Telasi’ network is 131,000 GEL, and in the JSC ‘Energo Pro Georgia’ network, it’s 455,000 GEL.

The analysis, presented by the Tariffs and Economic Analysis Department of GNERC, is based on the monthly and annual electricity consumption figures of commercial customers connected to the networks of distribution companies. Specifically, the forecast indicators are calculated based on the actual consumption data from 2023