Electricity Tariffs Unchanged for July-September, Bahlil Cites Public Purchasing Power

The Government, through the Ministry of Energy and Mineral Resources (ESDM), has determined that electricity tariffs for PT PLN (Persero) across 13 non-subsidised customer categories will remain unchanged for the third quarter of 2026, covering the July-September period. This policy was implemented to protect public purchasing power, support industrial competitiveness, and provide certainty for business operators.

The Minister of Energy and Mineral Resources, Bahlil Lahadalia, stated that the decision was made even though calculations based on the tariff adjustment formula indicated that electricity tariffs should have increased.

In accordance with the Minister of Energy and Mineral Resources Regulation Number 7 of 2024 regarding Electricity Tariffs Provided by PT PLN (Persero), adjustments to electricity tariffs for non-subsidised customers are conducted every three months. These adjustments refer to changes in realised macroeconomic parameters, specifically exchange rates, the Indonesian Crude Price (ICP), inflation, and the Reference Coal Price (HBA).

For the determination of electricity tariffs in the third quarter of 2026, the macroeconomic parameters refer to the realised figures from February to April 2026, which include an exchange rate of Rp16,959.32 per US dollar, an ICP of 96.12 US dollars per barrel, inflation at 0.21 per cent, and an HBA of 70 US dollars per tonne in line with the coal Domestic Market Obligation (DMO) policy. Based on the tariff adjustment formula, the accumulated changes in these parameters should have resulted in an increase in electricity tariffs.

“In order to maintain public purchasing power and support national economic stability, the Government has decided that electricity tariffs for the third quarter of 2026 will remain unchanged,” said Bahlil in Jakarta, as reported on Wednesday (1/7/2026).