Home » Turkiye Implements Electricity and Gas Price Hikes

Turkiye Implements Electricity and Gas Price Hikes

Turkiye has implemented a 25 percent increase in retail electricity prices for households, citing higher production and distribution costs, according to the state energy company BOTAS. Concurrently, the country has also seen a 25 percent average rise in natural gas prices for households. Industrial consumers have faced a 18.61 percent hike in natural gas prices, while power plants have seen a 19.42 percent increase. Furthermore, electricity tariffs have been raised by 17.5 percent for low-voltage users in the public and services sectors, by 5.8 percent for medium-voltage industrial consumers, and by 24.8 percent for agricultural users.

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