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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
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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.

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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

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