The Georgian government has written off fines totaling about 1 billion lari ($370m) for 157 companies in the country’s energy sector.
Authorities say the move is part of a ‘conditional write-off’ scheme. Companies fined for network failures, periodic power outages, budget arrears, or unmet obligations will have their penalties cancelled if they meet future deadlines. Fines will be reinstated for companies that fail to comply.
Prime Minister Irakli Kobakhidze noted that the government made the decision several months ago, and the write-off process has now been finalized. He added that some companies chose not to participate, which will result in the cancellation of projects totaling 535 MW, while projects amounting to 1,500 MW will move forward.
On 30 March 2026, the government announced an increase in electricity tariffs. Household consumers will pay 5 tetri more per kilowatt-hour (about $0.02), while commercial tariffs will rise by 4–6 tetri ($0.01–0.02). Overall, tariffs have increased by 33%, effective 1 April.
The National Energy and Water Supply Regulatory Commission (GNERC) said the rise is due to Georgia’s reliance on electricity imports and higher purchase prices. Planned investments for the new tariff period are also affecting prices.
The commission noted that these investments are intended to gradually upgrade the electricity distribution system and reduce outages, improving reliability for consumers.
