In a landmark move aimed at delivering direct relief to households, President Dr. Mohamed Muizzu has announced a significant reduction in domestic electricity tariffs, effective from June 1, 2025. The initiative, officially disclosed via a statement on social media, reflects the government’s commitment to easing the cost of living and implementing people-centric policies.
“I would like to inform you that starting from June 1, 2025, the domestic category electricity tariff rates will be reduced” the President declared, adding that all relevant agencies have been directed to ensure the sustainable execution of this bold reform.
The newly revised tariff structure presents substantial savings for households across various usage bands.
New Domestic Tariff Rates (Effective June 1, 2025):
The reductions are especially noteworthy in the mid-range consumption brackets, where thousands of households are expected to see a marked decrease in their monthly bills. For instance, consumers using between 201 to 400 units will now pay 1.50 MVR per unit instead of the previous rates of 2.15 to 2.50 MVR.
This reform represents more than a revision of electricity prices—it’s a reaffirmation of President Muizzu’s broader economic agenda focused on easing financial pressure on citizens while maintaining long-term sustainability.
Ensuring Sustainability and Efficiency
President Muizzu emphasized that while the tariffs are being lowered, the directive includes clear instructions for authorities to implement the changes in a sustainable and well-managed manner. Energy sector officials are expected to optimize operational efficiencies and explore renewable solutions to support the reduced rates without compromising service quality.
Public Reaction and Policy Impact
The tariff cut is already being lauded by citizens and economic analysts alike as a strategic move that delivers immediate financial relief and reinforces public trust in the administration. For many Maldivian families, the new rates are a timely cushion against rising global prices.
Conclusion
President Muizzu’s swift and decisive action in reducing electricity tariffs is a clear testament to his administration’s people-first governance. As the new rates take effect from June, this bold initiative is set to bring meaningful change to households across the nation—illuminating not just homes, but also the path to economic fairness.