Tags: electricity prices

Press Release13 Nov 2017

The report shows that Ministe of Electricity Decree 312/2017 increased bills by 27 percent on average for the current fiscal year of 2017–18, following last year’s 33-percent increase. The hikes ranged from 15.4 percent for the first bracket (the lowest electricity usage bracket) to 43.3 percent for the seventh bracket (the highest). This shows some improvement on last year, when the biggest hikes fell on the brackets using the least electricity, but the third and fourth brackets, where most low- and middle-income users fall, did absorb major increases this year of 22.4 percent and 27.9 percent respectively.