No Result
View All Result
Tuesday, February 24, 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

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

As the dollar breaks the LD 10.50 mark, Aldabaiba attempts to deflect blame squarely onto Hafter for Libya’s runaway economic crisis

February 24, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Tripoli Libyan government rejects new import taxes, blames dinar collapse on Hafter’s parallel spending outside approved budget

February 24, 2026
HoR condemns Serraj’s foreign intervention call
Business

107 HoR members state that they have not issued the decision to impose new import taxes

February 24, 2026
Workshop on performance efficiency and quality assurance in the contracting sector
Business

Surman Chamber of Commerce receives decision from General Union to commence its activities

February 23, 2026
Vandalism of petrol stations is cause of fuel crises – Tripoli Municipal Council
Business

HoR report on fuel shortages concludes that fuel shortages are due to reduction in the number of fuel shipments and not a fabricated crisis

February 23, 2026
Misrata Chamber of Commerce holds meeting with companies to discuss HoR’s new tax bill
Business

Misrata Chamber of Commerce workshop held on ‘‘Implementation of the Unified Digital System and the Sub-Components of the PTS System for Trade’’

February 23, 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

  • Aldabaiba attempts to solidify his position and continues to entrench rentier state with a spree of handouts

    Aldabaiba refutes Italian media reports of another health setback – says he was having a routine checkup coinciding with a Milan visit

    0 shares
    Share 0 Tweet 0
  • US working for economic and military integration by bringing together senior officials from eastern and western Libya: Massad Boulos at Security Council

    0 shares
    Share 0 Tweet 0
  • Newly created Libyan United Airlines reveals logo – stresses it is a privately owned airline

    0 shares
    Share 0 Tweet 0
  • No progress in Libya’s latest political Roadmap: UNSMIL head Tetteh

    0 shares
    Share 0 Tweet 0
  • Aldabaiba calls on CBL Governor to halt all 2026 project spending across Libya – until the newly US-brokered unified spending agreement is adhered to

    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

China’s new Ambassador to Libya Ma Xuliang presents his credentials

As the dollar breaks the LD 10.50 mark, Aldabaiba attempts to deflect blame squarely onto Hafter for Libya’s runaway economic crisis

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.