FTL Somalia

Somaliland’s Energy Regulator Blocks Electricity Price Hike

Somaliland’s Energy Commission (SEC) has blocked the decision by private electricity companies in the country to increase prices.

Recently, the private companies announced their intention to increase the price of a kilowatt of electricity from $0.50 to $0.80.

However, SEC issued a directive blocking the planned price increase.

SEC issued a press statement dated Wednesday, June 1 urging the private electricity companies not to increase the prices.