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In six months, miners used as much electricity as Kyrgyzstan would need for just one day
Image source: иллюстративное

Published

07/29/2026, 11:53

In six months, miners used as much electricity as Kyrgyzstan would need for just one day

Legal mining farms in Kyrgyzstan consumed around 53.3 million kWh of electricity between January and June 2026. This conclusion is based on calculations made using mining tax revenue and the tariffs in force during the various periods.

According to the report on the implementation of the state budget, miners paid 34,950,400 KGS in tax during the first half of the year. This is 9,588,400 KGS, or 21.5 per cent, less than in the corresponding period of 2025, when the budget received 44,538,800 KGS.

The mining tax rate in Kyrgyzstan is 10 per cent of the cost of electricity consumed. Consequently, the total electricity bill for mining companies in the first half of the year can be estimated at approximately 349.5 million KGS.

When calculating consumption, changes in tariffs must be taken into account. Until 1 May 2026, mining farms paid 6.06 KGS per 1 kWh, after which the tariff for energy-intensive consumers was increased to 6.84 KGS.

Between January and April, 11.68 million KGS in mining tax was paid into the budget. This corresponds to electricity costs of approximately 116.8 million KGS and consumption of around 19.3 million kWh. The remaining 23.27 million KGS in tax was paid in May and June. At the new tariff, this amounts to around 34 million kWh. Data for the first four months was previously published based on a report from the Ministry of Finance.

Thus, the total estimated consumption by mining companies over the six-month period reached 53.3 million kWh. On average, this amounts to around 8.9 million kWh per month.

At the same time, miners have started to consume significantly less energy. Using a similar methodology, and taking into account the tariff of 5.58 KGS until May 2025 and 6.06 KGS following the increase, consumption in the first half of last year stood at around 77.7 million kWh.

This means that over the course of the year, consumption fell by approximately 24.4 million kWh, or 31.4 per cent. The reduction in consumption proved to be greater than the fall in tax revenue, as the cost of electricity for mining farms rose during this period.

Previously, representatives of the country’s energy sector reported that mining farms in Kyrgyzstan predominantly use imported electricity, including that supplied from Russia. In 2026, Kyrgyzstan concluded agreements to import 4.099 billion kWh. The estimated half-yearly consumption by miners is equivalent to approximately 1.3 per cent of the total volume of electricity the country plans to import during 2026.

The estimated 53.3 million kWh represents a relatively small share of the country’s energy consumption, at around 0.5 per cent for the half-year. However, this amount of electricity would be sufficient to power the entire country for approximately 27 hours – over the past 24 hours, the republic consumed 47.063 million kWh. For Bishkek, this volume is equivalent to approximately six days’ consumption at a rate of 8.9 million kWh per day, as was the case on 24 July.


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