EMIS Emerging Market Information Service Indonesia Power Sector | Page 9

Energy Prices Energy prices, USD/kWh 8.7 6.8 5.9 5.8 2005 6.2 2006 6.8 7.3 6.3 6.4 2007 6.1 2008 Industry 6.2 8.1 6.8 5.7 2009 2010 2011 Households Comments The Indonesian government approved a 15% increase of electricity prices that applied as of 2013. The increase affected users, consuming more than 900 VA. The government plans to stop subsidizing the industry from 2014 as the costs from the recent years have become an increasing burden. In 2012, the subsidies soared by USD 7bn to USD 22bn in comparison to the preceding year. In 2013, the amount is expected to reach USD 30bn оr a whooping 25% of all government spending. Source: BPS Any redistribution of this information is strictly prohibited. Copyright © 2013 Internet Securities, Inc. (trading as ISI Emerging Markets), all rights reserved. -9-