17th January 2022
EP

Turkey sharply raised electricity prices recently by 50-100 per cent for households and companies, and again increased monthly natural gas bills, adding to strains in an economy facing soaring overall inflation.

 

The Energy Market Regulatory Authority said electricity prices were raised around 50 per cent for lower-demand households for 2022, while they were increased by more than 100 per cent for high-demand commercial users.

 

Natural gas prices jumped 25 per cent for residential use and 50 per cent for industrial use in January, national distributor BOTAS said separately.


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