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The new tariff on electricity starts on March 1

Energy Market Regulatory Authority (EMRA) announced that with the 10 percent VAT reduction in electricity, the final price...

The new tariff on electricity starts on March 1
Yazar: James Gordon

Yayınlanma: 1 Mart 2022 03:42

Güncellenme: 18 Kasım 2024 01:06

According to EMRA's statement, 32 million residential subscribers, which is 81 percent of residential subscribers, will be in this segment, with the low-level electricity consumption limit being increased to 8 kilowatt-hours per day. With the 10 percent VAT reduction, the final price for the consumption amounts of up to 8 kilowatt-hours per day for residential subscribers will be 1 lira 26 cents per kilowatt-hour, and 1 lira 89 cents for the portion of daily consumption above 8 kilowatt-hours. The prices and rates in question will be valid as of March 1. With the increase in the consumption amount covered by the low level, the discount rate reflected on the final invoice of residential subscribers will reach 14 percent. According to EMRA's sample calculation, a residential subscriber with 240 kilowatt-hours of consumption in the 30-day billing period will pay 302 lira in March instead of the 350 lira electricity bill paid in February. Another arrangement will be a tier application for subscriptions with commercial status. As of March, a 25 percent discount was made for the consumption of the relevant subscribers up to 30 kilowatt-hours per day (900 kilowatt-hours per month). The final price per kilowatt-hour will be 2 liras and 5 kurus for the daily consumption of business subscribers at this level, up to 30 kilowatt-hours. This regulation will cover 6 million 315 thousand business subscribers (91 percent of business subscribers). In addition, EMRA expanded the scope of the residential subscriber group by making changes in the Procedures and Principles Regarding the Tariff Applications of Distribution License Holders and Authorized Supply Companies, with the exception of their economic enterprises, as of March 1, in association and foundation centers and their branches, cemevis, and villages. Facilities used for the supply and distribution of drinking water were included in the residential subscriber group.
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