No Result
View All Result
Tuesday, March 17, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Increased summer peak-time electricity prices only for high consumption commercial entities: GECOL

bySami Zaptia
April 26, 2025
Reading Time: 2 mins read
A A
GECOL says all eastern power stations ready to operate

Following a Libyan social media outcry based on the erroneous news that the state General Electricity Company of Libya (GECOL) was raising general electricity prices at peak hours this summer, GECOL clarified last Thursday (24 April) that this will only apply to high-consumption commercial entities.

It explained that the high tariff of LD 1 per kilowatt-hour from 1 pm to midnight, from 15/5/2025 to 1/9/2025, will apply exclusively to consumers who exceed half a Megawatt (0.5 Megawatts) of consumption. Before 1 pm and after midnight, the tariff will be LD 0.5 per kilowatt-hour.

The company confirmed that this price amendment does not include homes and small commercial premises.‎

GECOL said it had implemented this measure several years ago, during the peak summer periods, as a special procedure based on its responsibility to provide the best services to citizens.

RELATED POSTS

Solar PV training for 14 REAoL and GECOL technicians held in Tunisia

Libya’s energy transition represents one of North Africa’s most significant infrastructure opportunities: LBBC Chairman Peter Millett

To paraphrase what GECOL is saying, without using the word ”power cuts” or blackouts”: GECOL wants to mitigate the frequent and long power cuts / blackouts that used occurred across the country that – current Tripoli Prime Minister, Abd Alhamid Aldabaiba, had inherited when he first took office.

‎The company stressed in its statement that “the average citizen will not be affected by any increase in pricing,” calling on the media and the public to investigate accurately and obtain information from official sources, stressing its continuation of awareness programmes aimed at spreading the culture of rationalisation and achieving optimal use of energy.

Tags: Electricity prices tariffsGECOL General Electricity Company of Libya

Related Posts

Libya will not accept the return of illegal migrants rescued at sea
Business

Libya wins court ruling against Jallouli Telecommunications, cancelling seizure order on its Geneva Libyan Guest House

March 17, 2026
Libya discusses new electricity and oil projects with Italy’s ENI
Business

BREAKING: Eni announces new offshore gas discoveries in Libya of more than 1 trillion cubic feet – gas to supply Libyan domestic market and for export to Italy

March 16, 2026
Customs Authority uncovers 11 companies involved in illicit use of Letters of Credit exceeding US$ 54 million
Business

Customs Authority introduces use of specialized security paper for official letters to prevent LC forgery

March 16, 2026
The Libyan African Investment Portfolio (LAP) participates in Brussels forum on Africa.
Business

Libya Africa Portfolio receives Nigerien Ambassador to enhance coordination on the Transit Corridors Project

March 16, 2026
The 7th Libya International Food Exhibition will take place at the Tripoli International Fairgrounds from 29 March to 1 April
Business

The 7th Libya International Food Exhibition will take place at the Tripoli International Fairgrounds from 29 March to 1 April

March 16, 2026
Libya’s BCD severs investment ties with Qatari bank
Business

Bank of Commerce and Development: First bank to launch e-Wallet for expat residents and workers

March 16, 2026
Next Post
Forbes ‘‘Building the Future’’ Libya summit will be held in Tripoli from 29 to 30 May – Aldabaiba keynote speaker

Forbes ‘‘Building the Future’’ Libya summit will be held in Tripoli from 29 to 30 May – Aldabaiba keynote speaker

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU

Tripoli Libyan government delegation holds high level meetings in DC, including US Treasury and Commerce Departments, Department of State, US companies and business associations

Top Stories

  • Libya discusses new electricity and oil projects with Italy’s ENI

    BREAKING: Eni announces new offshore gas discoveries in Libya of more than 1 trillion cubic feet – gas to supply Libyan domestic market and for export to Italy

    0 shares
    Share 0 Tweet 0
  • Aldabaiba reveals his new ministerial appointments – top posts of Interior, Oil and Gas, Foreign Affairs and Defence remain unchanged: Report and analysis

    0 shares
    Share 0 Tweet 0
  • Hafters vow to continue uncontrolled public spending – refuse to cut spending to save Libya’s economy – veiled threat to cut off oil supplies

    0 shares
    Share 0 Tweet 0
  • Tripoli government team holds further meeting with Boeing regarding the establishment of a new airliner

    0 shares
    Share 0 Tweet 0
  • CBL allows official foreign residents in Libya the use of e-Wallets – sets daily transfer categories

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Libya wins court ruling against Jallouli Telecommunications, cancelling seizure order on its Geneva Libyan Guest House

Emergency bad weather holiday announced today in Greater Tripoli as western Libya was hit by a passing storm of strong winds and heavy rain – many roads flooded, drivers stranded

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.