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Electricity discount for industrial subscribers

The Head of Energy Market Regulatory Authority (EMRA), Mustafa Yılmaz stated that there was no increase in residential subscribers in the new tariff period, and there was a 16 percent discount in the industrial subscriber group.

Electricity discount for industrial subscribers

At the last meeting of the year, the Board not only determined new electricity tariffs, but also reduced the electricity ceiling price in the free market from 4,800 TL/MWh to 4,200 TL/MWh.

Evaluating the issue, Mustafa Yılmaz, the Head of EMRA, emphasized that they carefully monitor the price movements in the energy markets and the costs incurred on the basis of resources.

Yilmaz said:

There is no increase or raise for residential subscribers in the new tariff period. Currently, residences benefit from the lowest tariff. There is a 16 percent discount in the industrial subscriber group. In addition, with another decision taken by our Board, we reduced the electricity ceiling price in the free market from 4,800 TL/MWh to 4,200 TL/MWh.

Thus, we expect the cost of electricity to decrease by 10 to 15 percent, especially in industrial establishments that consume electricity over the electricity price sold in the free market.

Yilmaz pointed out that the market clearing price ceiling figure shows the maximum selling price of electricity in electricity trade, and that the price ceiling, which had high costs before, especially due to imported coal and natural gas costs, was lowered due to resource-based cost reductions.

Mustafa Yılmaz, the Head of EMRA: “The decrease in the electricity price in the market is a very important and positive indicator. We will continue to monitor these decreases in costs and reflect them to the market immediately. If the decrease in these prices, which is the most important item when calculating the tariffs, continues, it will reflect positively on the tariffs of all consumer groups.

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