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  HOME PAGE 28/10/2024 15:30 
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Discussion on electricity price increase! Bills may rise in millions of households.

Discussion on electricity price increase! Bills may rise in millions of households.

28.10.2024 12:40

News is being discussed about a potential increase in electricity prices starting from January 1, 2025. The Electricity Engineers Chamber issued a strong statement, stating that lowering the limit for residential subscribers would mean an indirect price hike.

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It has been claimed that the Energy Market Regulatory Authority (EPDK) will reduce the limit for residential subscribers to 5,000 kilowatt-hours (kWh) per year, effective from 2025. In a statement regarding the issue from the Chamber of Electrical Engineers (EMO), it was stated, "Millions of households with an average monthly consumption exceeding 417 kWh will be billed like high-consuming industrial establishments. If the implementation goes ahead as it is, the bills for these households will reach high values that change every month according to the spot market, even if their consumption remains the same."

IS THE SUPPORT PERIOD FOR ELECTRICITY ENDING?

With the new regulation of the EPDK, it has been suggested that residential and commercial establishments consuming more than 5,000 kilowatt-hours of electricity per year will no longer be able to use subsidized electricity. The claim, which quickly became a topic on social media, stated that the implementation, which will come into effect on January 1, 2025, could lead to increased bills for high-consuming subscribers.

The Chamber of Electrical Engineers made a statement on the issue. In the statement, it was reminded that the Minister of Treasury and Finance, Mehmet Şimşek, stated in his speech during the Budget Discussions at the TBMM Planning and Budget Commission that 500.4 billion TL of the 748.7 billion TL resource to be transferred to state-owned enterprises from the 2024 budget would be used for energy subsidies.

"UNACCEPTABLE"

The Board of Directors of the Chamber of Electrical Engineers (EMO), in a press release regarding the Last Resort Supply Tariff Communiqué, reminded that consumers covered by the Communiqué are condemned to tariffs that directly reflect the costs of the free market, stating that it is 'unacceptable' to reflect market conditions on individuals who have no chance to take precautions against rising costs and transfer these costs to others if applied in residences.

"BILL WILL INCREASE EVEN IF CONSUMPTION REMAINS THE SAME"

The Chamber of Electrical Engineers noted that in their calculations, it has been assumed for years that a family of four would consume a minimum of 230 kWh of energy per month, stating, "This value has been accepted by the EPDK as 240 kWh per month, equivalent to 8 kWh per day, for ease of calculation, and this consumption value has started to be used for the low tier. The mentioned 417 kWh will become a new tier. Millions of households with an average monthly consumption exceeding 417 kWh will be billed like high-consuming industrial establishments. If the implementation goes ahead as it is, the bills for these households will reach high values that change every month according to the spot market, even if their consumption remains the same," it was stated.

The Chamber of Electrical Engineers announced that they would take the matter to court for the cancellation of the said regulation, while also calling on all citizens affected by the change to protect their consumer rights.

DEMAND FOR A SOCIALIST PROGRAM

In a statement from EMO, it was emphasized that the public should make direct investments instead of energy tenders containing purchase and price guarantees to limit the impact of energy costs on inflation, stating, "It is now essential to implement a socialist energy program prepared with a development perspective to navigate the economic crisis with minimal damage. In this context, a vertically integrated public monopoly that will manage all processes from production to distribution in the electricity sector should be re-established."



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