What electricity payment rules are established by Cabinet of Ministers Resolution No. 527
The Cabinet of Ministers has approved the new Energy Market Rules, which will come into effect on January 1, 2027. Resolution of the Cabinet of Ministers No. 527 dated September 30, 2026, launches the first stage of the electricity sector reform (2023–2030).
What electricity settlement rules are established by Resolution of the Cabinet of Ministers No. 527
The Cabinet of Ministers has approved the new Energy Market Rules, which will come into effect on January 1, 2027. Resolution of the Cabinet of Ministers No. 527 dated September 30, 2026, launches the first stage of the electricity sector reform (2023–2030). The start of the first stage of electricity market liberalization signifies a departure from the centralized model and a transition to economic relations based on direct bilateral contracts.
How should a counterparty of the central purchaser settle accounts for purchased and (or) sold electricity and the provided transmission service?
What is the purpose and essence of this stage
The implemented first stage of the transition to the principles of wholesale and retail electricity markets is built on direct bilateral contracts between producers and consumers.
At this stage, the functions of the market operator — the organizer of the sale and (or) purchase of electricity — are temporarily assigned to the central purchaser, i.e., an electricity enterprise established in the form of a joint-stock company with a 100% state share in its authorized fund (authorized capital), which is authorized to centrally sell and purchase electricity.
At the same time, the central purchaser is not entitled to provide unjustified benefits, preferences, or discriminatory conditions to any legal entity or individual when purchasing and selling electricity.
Accounting and settlements are carried out through the "CAS" and "Billing" systems.