Indonesian Political, Business & Finance News

PLN Ensures Reliable Electricity Supply as Government Holds Tariffs Steady for Q3 2026

| Source: ANTARA_ID Translated from Indonesian | Economy
PLN Ensures Reliable Electricity Supply as Government Holds Tariffs Steady for Q3 2026
Image: ANTARA_ID

PT PLN (Persero) has assured the public it will maintain reliable electricity supply and service quality after the government decided not to raise electricity tariffs for the third quarter of 2026, covering the July to September period. PLN President Director Darmawan Prasodjo stated the company is ready to implement the government’s policy while ensuring optimal electricity services to support public activities and the national economy. “PLN is committed to continuously maintaining the reliability of electricity supply and service quality, so that the government’s policy can be directly felt by the wider community and become a driving force for the domestic economy,” Darmawan said in an official statement in Jakarta on Friday. The government previously decided to keep electricity tariffs unchanged for Q3 2026 to safeguard public purchasing power and national economic stability amid global dynamics. Minister of Energy and Mineral Resources Bahlil Lahadalia said the policy reflects the government’s commitment to maintaining purchasing power, supporting industrial competitiveness, and providing certainty for business actors. “To maintain people’s purchasing power and support national economic stability, the government has decided that electricity tariffs for the third quarter of 2026 will remain unchanged,” Bahlil said. Under Ministerial Regulation No. 7 of 2024, tariff adjustments for 13 non-subsidised customer groups are made quarterly based on changes in four macroeconomic parameters: the rupiah exchange rate, the Indonesian Crude Price (ICP), inflation, and the Reference Coal Price (HBA). For Q3 2026, the parameters used are the realised figures from February to April 2026, including an exchange rate of Rp16,959.32 per US dollar, an ICP of 96.12 US dollars per barrel, inflation of 0.21 percent, and an HBA of 70 US dollars per ton under the Domestic Market Obligation (DMO) policy. Although the formula indicated a potential tariff change, the government opted to hold tariffs steady to maintain national economic stability. The policy applies to 13 non-subsidised customer groups and 24 subsidised groups, including social customers, poor households, small businesses, small industries, and micro, small, and medium enterprises.

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