“Samruk-Energy” JSC | Integrated annual report
Management discussion and analysis

Tariff policy

Tariff regulation depending on the business type of energy companies falls under the competence of the Committee for Regulation of Natural Monopolies and Competition Protection of the Republic of Kazakhstan Ministry of National Economy or Industry-specific ministry – the Ministry of Energy.

The following tariffs were in effect during the reporting period:

  • for energy producing organizations (EPO), tariffs for 2016–2018 were maintained at the level of 2015 ceiling tariffs. The prospective introduction of the capacity market for EPO was postponed from 2016 to 2019 (by the order of the Minister of Energy d/d February 27, 2015 No.160 with amendments as of November 30, 2015). Ceiling tariffs for electricity and ceiling tariffs for the service on maintaining the availability of capacity for 2019–2025 were approved (Order of the Minister of Energy d/d 03.07.2015 No. 465 with amendments as of November 30, 2015). In the reporting period due to changes in the investment program and modernization of power plants, an individual tariff for “Moynak HPP” JSC to the level of 9.50 tenge / kWh was increased and an individual tariff for “Shardarinsk HPP” JSC at 9,50 tenge was approved with putting into force from January 1, 2016.

Weighted average tariffs for electricity generation

Name Measur.unit 2015 actual  2016 actual 2017 plan 2018 plan
 “Ekibastuz SDPP-1” LLP tenge/kWh  7.73  7.33 7.51 7.85
“Ekibastuz SDPP-2” JSC tenge/kWh  8.66  6.68 7.23 7.18
 “APP” JSC tenge/kWh  8.60  8.60 8.60 8.60
“Aktobe CHP” JSC tenge/kWh  7.29  7.30 7.30 7.30
 “Shardarinsk HPP” JSC tenge/kWh  4.50  9.50 9.50 9.50
“Moynak HPP” JSC tenge/kWh  8.74  8.25 9.50 9.50
“ZhSDPP” JSC tenge/kWh  8.70
“Samruk-Green Energy” LLP tenge/kWh  34.61  36.13 37.03 39.25
“First Wind Power Plant” LLP tenge/kWh  22.68  22.68 24.27 25.72
  • for heat production by energy producing organizations, in compliance with the requirements of the legislation, a ceiling long-term tariff with putting into effect from 01.04.2016 for a term until 2020 was approved for “Aktobe CHP” JSC. In the reporting period tariffs as an ERM were approved for “APP” JSC due to the growth of prices for a strategic commodity: gas and its transportation; long-term ceiling tariffs were also approved with putting into effect from 01.04.2017 until 2021. Ceiling long-term tariffs were approved with the inclusion of investment components in tariffs.

Tariffs for heat production

Name Measurement unit 2015 actual  2016 actual 2017 plan 2018 plan
“APP” JSC tenge/kWh 2,732 2,872 3,539 3,767
“Aktobe CHP” JSC tenge/kWh  1,167 1,532 1,959 2,212
“Ekibastuz SDPP-2” JSC tenge/kWh  686 683 708 708
“ZhSDPP” JSC tenge/kWh  1,050
  • for regional power transmission companies (RPTC), ceiling long-term tariffs for the term until 2020 based on submitted tariff estimates were approved in 2016. Tariffs include investment programs for grid companies.

Tariffs for power transmission services

Name Measurement unit 2015 actual 2016 actual 2017 Plan 2018 Plan
“AZhC” JSC tenge/kWh  5.21 5.35 5.83 6.04
“EK REC” JSC tenge/kWh  3.26 3.76 3.82 4.00
“MDPGC” JSC tenge/kWh  3.57 4.16 4.50 4.40
  • In the reporting period tariffs for energy supplying organizations (ESO) were approved by CRNM PC.

Tariffs for electricity sale by ESO

Name Measurement unit 2015 actual  2016 actual 2017 Plan 2018 Plan
“AlmatyEnergoSbyt” LLP tenge/kWh  15.29 15.66 16.36 16.59
“ShygysEnergoTrade” LLP tenge/kWh  10.49 10.48 11.11 11.84
“Samruk-Energy” JSC | Integrated annual report
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