Economics

Starting November 1, businesses' prepayments for electricity and gas will be reduced by 15 percent

According to the presidential decree, starting from November 1, 2026, the advance payment amount for business entities connected to automated electricity and natural gas metering systems will be reduced from 100% to 15%. This excludes business entities that have not complied with payment discipline for the past two months. The obligation of businesses to submit reports on electricity and gas consumption will also be canceled.

Starting from November 1, the amount of advance payment for electricity and gas for entrepreneurs will be reduced by 15 percent.

This is stipulated in the decree adopted to ensure the implementation of the tasks set by the President of Uzbekistan during his open dialogue with entrepreneurs.

According to the decree, starting from November 1, 2026, the following will be introduced for business entities connected to automated systems for accounting and control of electricity and natural gas, which have meters with the ability to turn off (on) remotely:

* The amount of advance payment for monthly consumption of electricity and natural gas is set at 15 percent (except for those who have not observed payment discipline for the last two months).

* The obligation to submit written reports on electricity and gas consumption to regional electricity and gas supply enterprises is canceled.

Also, starting from November 1, the procedure for issuing contracts for the provision of services to consumers with electricity and natural gas on paper will be canceled by electronically concluding them.

**Financial fines will be reduced by an average of 2 times**

The decree instructed the Cabinet of Ministers to submit a draft regulatory legal act to the Cabinet of Ministers within three months to conduct a complete inventory of all types of financial and administrative fines and reduce their amount by an average of 2 times, based on the principle of proportionality.

The Ministry of Economy and Finance, the Ministry of Justice, the Prosecutor General's Office and the Business Ombudsman were designated as responsible for the implementation of this task.

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